Ind. Code § 6-1.1-8-35.2 – Retention and use of certain funds under section 35 of this chapter by commuter transportation district

Notwithstanding section 35(c) of this chapter, as amended by P.L.253-1999, amounts that were:

(1) collected under section 35 of this chapter after June 30, 1999, and before January 1, 2001, and were derived from indefinite-situs distributable property of railcar companies;
(2) credited to the commuter rail service fund established by IC 8-3-1.5-20.5 ; and
(3) distributed to a commuter transportation district;
may be retained by the commuter transportation district and used by the commuter transportation district for any legal purpose.

As added by P.L.220-2011, SEC.120. Amended by P.L.38-2021, SEC.17.