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Home » US Law » 2022 Indiana Code » Title 4. State Offices and Administration » Article 23. Boards and Commissions » Chapter 5.5. Indiana Recycling Market Development Board

4-23-5.5-1. Definitions

Sec. 1. As used in this chapter: (1) “board” refers to the Indiana recycling market development board created by this chapter; (2) “division” refers to the division of pollution prevention established by IC 13-27-2-1; and (3) “office” refers to the Indiana office of energy development established by IC 4-3-23-3. As added by Acts 1980, P.L.20, […]

4-23-5.5-10. Energy Development Fund

Sec. 10. (a) The “energy development fund” is established as a dedicated fund to be administered by the office. Money in the fund shall be expended by the office exclusively to effect the provisions of this chapter and may include administrative costs. (b) All money received by the office for deposit in the energy development […]

4-23-5.5-11. Revolving Loan Program

Sec. 11. The office may establish and administer a revolving loan program for the purpose of making low interest loans to projects designed to promote the development and efficient use of energy resources or to promote recycling market development. The interest rates for the loans shall be fixed by the office. The office may consult […]

4-23-5.5-13. Repealed

As added by Acts 1982, P.L.15, SEC.18. Amended by P.L.10-1990, SEC.8. Repealed by P.L.11-1993, SEC.9.

4-23-5.5-14. Recycling Promotion and Assistance Fund

Sec. 14. (a) The Indiana recycling promotion and assistance fund is established. The purpose of the fund is to promote and assist recycling throughout Indiana by focusing economic development efforts on businesses and projects involving recycling. The fund shall be administered by the board. (b) Sources of money for the fund consist of the following: […]

4-23-5.5-15. Energy Efficiency Loan Fund

Sec. 15. (a) The Indiana energy efficiency loan fund is established for the purpose of assisting Indiana industries and governing bodies (as defined in IC 36-1-12.5-1.5) in undertaking energy efficiency projects. The fund shall be administered by the board. (b) Sources of money for the fund consist of the following: (1) Appropriations from the general […]

4-23-5.5-16. Coal Research Grant Fund

Sec. 16. (a) As used in this section, “center” refers to the center for coal technology research established by IC 21-47-4-1. (b) The Indiana coal research grant fund is established for the purpose of providing grants for research and other projects designed to develop and expand markets for Indiana coal. The fund shall be administered […]

4-23-5.5-2. Creation; Membership; Vacancies; Advisory Members; Staff

Sec. 2. (a) The Indiana recycling market development board is created and constitutes a public instrumentality of the state. The exercise by the board of the powers conferred by this chapter is an essential governmental function. (b) The board consists of nine (9) members, one (1) of whom shall be the lieutenant governor or the […]

4-23-5.5-3. Officers; Quorum; Majority Vote; Expenses of Members

Sec. 3. (a) The governor shall appoint one (1) of the appointed members as chairman. Five (5) members of the board shall constitute a quorum and the affirmative vote of a majority of the membership shall be necessary for any action taken by the board. A vacancy in the membership of the board does not […]

4-23-5.5-4. Chief Administrative Officer; Employees, Agents, and Consultants; Budget

Sec. 4. A representative appointed by the division, in consultation with the lieutenant governor or the lieutenant governor’s designee, shall be the chief administrative officer for the board and shall direct and supervise the administrative affairs and technical activities of the board in accordance with rules, regulations, and policies established by the board. The division […]

4-23-5.5-5. Conflict of Interest; Disclosure by Members

Sec. 5. A member of the board must disclose to the board any interest in a project the board may be considering for action. The board shall determine whether that member shall be allowed to participate in activities related to that project. As added by Acts 1980, P.L.20, SEC.1.

4-23-5.5-6. Duties and Powers of Board

Sec. 6. (a) The board shall do the following: (1) Adopt procedures for the regulation of its affairs and the conduct of its business. (2) Meet at the offices of the division on call of: (A) the lieutenant governor or the lieutenant governor’s designee; or (B) the commissioner of the department of environmental management or […]

4-23-5.5-7. Authorized Board Expenditures

Sec. 7. The board, upon approval by the governor and the budget agency, may make the following expenditures: (1) Matching grants to federal, state, and local governmental agencies for research and development of: (A) recycling projects; and (B) recycling market development projects; in Indiana. (2) Matching grants to individuals, corporations, limited liability companies, partnerships, educational […]

4-23-5.5-8. Eminent Domain

Sec. 8. The board does not have the authority to exercise the power of eminent domain. As added by Acts 1980, P.L.20, SEC.1.

4-23-5.5-9. Additional Powers

Sec. 9. The board may: (1) on behalf of the state, receive and accept grants, gifts, and contributions from public agencies, including the federal government, and from private agencies and private sources, including the Indiana business modernization and technology corporation, for the purpose of researching and developing recycling within the state, and may administer such, […]