2014 Indiana Code TITLE 9. MOTOR VEHICLES ARTICLE 32. DEALER SERVICES CHAPTER 7. ACCOUNTS AND DISTRIBUTION OF LICENSE AND PERMIT FEES UNDER IC 9-32-11
Download as PDF
IC 9-32-7
Chapter 7. Accounts and Distribution of License and Permit
Fees Under IC 9-32-11
IC 9-32-7-1
Dealer compliance account
Sec. 1. (a) The dealer compliance account is established as a
separate account to be administered by the secretary. The funds in the
account must be available, with the approval of the budget agency,
for use in enforcing and administering this article.
(b) The expenses of administering this article shall be paid from
money in the account.
(c) The treasurer of state shall invest the money in the dealer
compliance account not currently needed to meet the obligations of
the account in the same manner as other public money may be
invested. Interest that accrues from these investments shall be
deposited in the account.
(d) The dealer compliance account consists of the following:
(1) Money deposited under:
(A) IC 9-29-17-14(b);
(B) IC 9-29-17-14(c); and
(C) section 3(1) of this chapter.
(2) Appropriations to the account from other sources.
(3) Grants, gifts, donations, or transfers intended for deposit in
the account.
(4) Interest that accrues from money in the account.
(e) Money in the dealer compliance account at the end of a state
fiscal year does not revert to the state general fund.
(f) Money in the dealer compliance account is continuously
appropriated to the secretary for the purposes of the account.
As added by P.L.92-2013, SEC.78.
IC 9-32-7-2
Dealer enforcement account
Sec. 2. (a) The dealer enforcement account is established as a
separate account to be administered by the secretary.
(b) The dealer enforcement account consists of money deposited
pursuant to:
(1) IC 9-32-4-1(c);
(2) IC 9-32-16-1(f);
(3) IC 9-32-16-13(d);
(4) IC 9-32-17-7; and
(5) IC 9-32-17-9.
The funds in the account shall be available, with the approval of the
budget agency, for use to augment and supplement the funds
appropriated for the administration of this article.
(c) The treasurer of state shall invest the money in the dealer
enforcement account not currently needed to meet the obligations of
the account in the same manner as other public money may be
invested. Interest that accrues from these investments shall be
deposited into the account.
(d) Money in the dealer enforcement account at the end of the
state fiscal year does not revert to the state general fund.
(e) Money in the dealer enforcement account is continuously
appropriated to the secretary for the purposes of the account.
As added by P.L.92-2013, SEC.78.
IC 9-32-7-3
Disposition of fee revenues
Sec. 3. All money collected by the secretary from manufacturers,
distributors, dealers, automobile auctioneers, factory representatives,
distributor representatives, wholesale dealers, transfer dealers,
converter manufacturers, or automotive mobility dealers for licenses
and permit fees under IC 9-29-17-8 through IC 9-29-17-13 shall be
deposited as follows:
(1) Thirty percent (30%) to the dealer compliance account
established by section 1 of this chapter.
(2) Forty percent (40%) to the motor vehicle highway account
under IC 8-14-1.
(3) Twenty percent (20%) to the state police department, and
this amount is continuously appropriated to the department for
its use in enforcing odometer laws.
(4) Ten percent (10%) to the attorney general, and this amount
is continuously appropriated to the attorney general for use in
enforcing odometer laws.
As added by P.L.92-2013, SEC.78. Amended by P.L.62-2014,
SEC.21.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
