1. (a) Upon compliance with this chapter, the appropriated amount for the state or local capital project shall be distributed to the eligible recipient. Subject to the review and approval required under section 10 of this chapter, the authorized amount may be distributed as a lump sum distribution in the full amount of the appropriation or in a series of progress payments. Upon receipt of documentation showing that the eligible recipient has paid or is contractually obligated to pay an expenditure for a project, the appropriation may be distributed to the eligible recipient. Before making the initial distribution of money from the build Indiana fund for a state or local capital project, at least seven (7) days notice of the following shall be given to each member of the general assembly who represents the area that will be most benefited by the state or local capital project and each regular member of the budget committee (as determined under IC 4-12-1-3 ) who is affiliated with the same political party and serves in the same legislative chamber as a member of the general assembly who represents the area:

   1. (1) A copy of the project statement for the project.
   2. (2) The approximate date that the money will be distributed.

2. (b) Money distributed under this section must be distributed either by:

   1. (1) means of an electronic funds transfer (as defined in IC 4-8.1-2-7 ); or
   2. (2) delivery of a warrant of the auditor of state by certified mail.

As added by P.L.186-2002, SEC.7.