16-46-14-2. Safety PIN grant fund established; nonreversion; transfer of money appropriated to the fund

IN Code § 16-46-14-2 (2019) (N/A)
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Sec. 2. (a) The safety PIN (protecting Indiana's newborns) grant fund is established for the purpose of distributing money for the reducing infant mortality grant program. The fund shall be administered by the state department.

(b) The fund consists of:

(1) money appropriated for the program or to the fund by the general assembly;

(2) money received from state or federal grants or programs; and

(3) gifts, money, and donations received from any other source, including transfers from other funds or accounts.

(c) The expenses of administering the fund shall be paid from money in the fund.

(d) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from the investments shall be deposited in the fund.

(e) Money in the fund at the end of the state fiscal year does not revert to the state general fund or to any other fund in the case of an appropriation made to the program from a fund other than the state general fund. In addition, if there is an appropriation for the program for a state fiscal year, the money appropriated shall be transferred to the fund at the beginning of the state fiscal year for which the appropriation is made.

As added by P.L.125-2015, SEC.1. Amended by P.L.204-2016, SEC.30.