Lake and river enhancement fund
Sec. 12.5. (a) The lake and river enhancement fund is established
and allocated for the following purposes:
(1) One-half (1/2) of the fund shall be used to pay costs
incurred by the department of natural resources in implementing
the lake and river enhancement projects required by
IC 14-32-7-12(b)(7).
(2) One-half (1/2) of the fund shall be used by the department
of natural resources to pay for lake projects, including projects
to:
(A) remove sediment; or
(B) control exotic or invasive plants or animals.
(b) The fund shall be administered by the director of the
department of natural resources.
(c) Expenses of administering the fund shall be paid from money
in the fund.
(d) The fund consists of the revenue from the lake and river
enhancement fee paid by boat owners and deposited under section
12(c)(1) of this chapter.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
(f) With the approval of the governor and the budget agency, the
money in the fund allocated under subsection (a)(1) may be used to
augment and supplement the funds appropriated for the
implementation of lake and river enhancement projects required by
IC 14-32-7-12(b)(7).
As added by P.L.80-1993, SEC.3. Amended by P.L.1-1995, SEC.51;
P.L.233-2003, SEC.2.
Last modified: May 28, 2006