Health trust fund
Sec. 4. (a) The Indiana health trust fund is established.
(b) The treasurer of state shall invest the money in the Indiana
health trust fund not currently needed to meet the obligations of the
Indiana health trust fund in the same manner as other public trust
funds are invested. Interest that accrues from these investments shall
be deposited in the Indiana health trust fund.
(c) The commissioner shall administer the Indiana health trust
fund. Expenses of administering the Indiana health trust fund shall
be paid from money in the Indiana health trust fund.
(d) On June 30 of each year, the commissioner shall distribute the
money from the fund to the organization established under section 5
of this chapter.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
As added by P.L.118-1998, SEC.23.
Last modified: May 27, 2006