Ind. Code § 8-15.7-5-5
Distribution of payments received by department under public-private agreement
As added by P.L.47-2006, SEC.40. Amended by P.L.203-2007, SEC.7.
To the extent that the department receives any payment or compensation under the public-private agreement other than repayment of a loan or grant or reimbursement for services provided by the department to the operator, the payment or compensation shall be distributed at the direction of the department to the:
- (1) major moves construction fund established under IC 8-14-14 ;
- (2) department for deposit in the state highway fund established by IC 8-23-9-54 ;
- (3) alternative transportation construction fund established under IC 8-14-17 ; or
- (4) operator or the authority for debt reduction.
As added by P.L.47-2006, SEC.40. Amended by P.L.203-2007, SEC.7.