36-9-42.2-3. “Federal Funds”
Sec. 3. As used in this chapter, “federal funds” means the total amount of federal transportation funds provided by the federal government to the state. As added by P.L.141-2013, SEC.1. Amended by P.L.218-2017, SEC.93.
36-9-42.2-3.3. “Local Share”
Sec. 3.3. As used in this chapter, “local share” means twenty-five percent (25%) of the federal funds received by the state in a year. As added by P.L.218-2017, SEC.94.
36-9-42.2-3.5. “Metropolitan Planning Organization”
Sec. 3.5. As used in this chapter, “metropolitan planning organization” means a federally mandated transportation policy making organization that: (1) is designated to serve a particular transportation planning area within the state; and (2) receives, directly or indirectly, federal funds. As added by P.L.218-2017, SEC.95.
36-9-42.2-4. “Program”
Sec. 4. As used in this chapter, “program” refers to the federal fund exchange program established by section 5 of this chapter. As added by P.L.141-2013, SEC.1.
36-9-42.2-4.5. “Transportation Asset Management Plan”
Sec. 4.5. As used in this chapter, “transportation asset management plan” has the meaning set forth in IC 8-23-30-1(4). As added by P.L.218-2017, SEC.96.
36-9-42.2-5. Program Established
Sec. 5. The federal fund exchange program is established to provide eligible entities and the department with greater flexibility in funding transportation projects. The department shall administer the program as follows: (1) Exchanged funds awarded to an eligible entity may be carried over for up to three (3) years at the discretion of the department […]
36-9-42.2-6. Local Share; Calculation; Allocation
Sec. 6. (a) Not later than fifteen (15) days after receiving information from the federal government regarding the state’s distribution of federal funds, the department shall calculate the local share for that year and notify the budget agency of the amount. (b) After approval by the budget director, the department may exchange up to one […]
36-9-42.2-7. Application; Award Criteria
Sec. 7. (a) An eligible entity may apply to the department or to a metropolitan planning organization to receive exchanged funds if: (1) the project: (A) is eligible under federal law; or (B) is part of a transportation asset management plan approved by the department; and (2) using any available revenue source, the eligible entity […]
36-9-42.2-7.5. Repealed
As added by P.L.141-2013, SEC.1. Repealed by P.L.218-2017, SEC.100.
36-9-42.2-8. Repealed
As added by P.L.141-2013, SEC.1. Repealed by P.L.218-2017, SEC.101.