2015 Indiana Code TITLE 10. PUBLIC SAFETY ARTICLE 17. VETERANS' AFFAIRS CHAPTER 13. VETERANS' AFFAIRS TRUST FUND
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IC 10-17-13
Chapter 13. Veterans' Affairs Trust Fund
IC 10-17-13-1
Repealed
(As added by P.L.144-2007, SEC.16. Repealed by P.L.113-2010,
SEC.170.)
IC 10-17-13-1.5
"Commission"
Sec. 1.5. As used in this chapter, "commission" refers to the
Indiana veterans' affairs commission established by section 4 of this
chapter.
As added by P.L.113-2010, SEC.81.
IC 10-17-13-2
"Fund"
Sec. 2. As used in this chapter, "fund" refers to the veterans' affairs
trust fund established by section 3 of this chapter.
As added by P.L.144-2007, SEC.16.
IC 10-17-13-3
Establishment of fund; purpose
Sec. 3. (a) The veterans' affairs trust fund is established to provide
a self-sustaining funding source for the military family relief fund
established by IC 10-17-12-8.
(b) The fund consists of the following:
(1) Appropriations by the general assembly.
(2) Donations, gifts, grants, and bequests to the fund.
(3) Interest and dividends on assets of the funds.
(4) Money transferred to the fund from other funds.
(5) Money from any other source deposited in the fund.
As added by P.L.144-2007, SEC.16. Amended by P.L.50-2009,
SEC.8.
IC 10-17-13-4
Establishment of commission
Sec. 4. The Indiana veterans' affairs commission is established.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.82.
IC 10-17-13-5
Membership
Sec. 5. The commission consists of the following members:
(1) Seven (7) members appointed by the governor. The governor
shall consider the following when making appointments under
this subdivision:
(A) Membership in a veterans association established under
IC 10-18-6.
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(B) Service in the armed forces of the United States (as
defined in IC 5-9-4-3) or the national guard (as defined in
IC 5-9-4-4).
(C) Experience in education, including higher education,
vocational education, or adult education.
(D) Experience in investment banking or finance.
The governor shall designate one (1) member appointed under
this subdivision to serve as chairperson of the commission.
(2) The director of veterans' affairs appointed under
IC 10-17-1-5 or the director's designee.
(3) The adjutant general of the military department of the state
appointed under IC 10-16-2-6 or the adjutant general's designee.
(4) Four (4) members of the general assembly appointed as
follows:
(A) Two (2) members of the senate, one (1) from each
political party, appointed by the president pro tempore of the
senate with advice from the minority leader of the senate.
(B) Two (2) members of the house of representatives, one (1)
from each political party, appointed by the speaker of the
house of representatives with advice from the minority leader
of the house of representatives.
Members appointed under this subdivision are nonvoting,
advisory members and must serve on a standing committee of
the senate or house of representatives that has subject matter
jurisdiction over military and veterans affairs.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.83; P.L.4-2014, SEC.1.
IC 10-17-13-6
Meetings
Sec. 6. The commission shall meet at least quarterly at the call of
the chairperson of the commission.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.84.
IC 10-17-13-7
Quorum
Sec. 7. Five (5) voting members of the commission constitute a
quorum. The affirmative vote of five (5) members of the commission
is necessary for the commission to take action.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.85.
IC 10-17-13-8
Term; reappointment; vacancy
Sec. 8. (a) The term of a commission member begins on the later
of the following:
(1) The day the term of the member whom the individual is
appointed to succeed expires.
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(2) The day the member is appointed.
(b) The term of a member expires on the later of the following:
(1) The day a successor is appointed.
(2) July 1 of the year following the year in which the member is
appointed.
However, a member serves at the pleasure of the appointing
authority.
(c) An appointing authority may reappoint a member for a new
term.
(d) An appointing authority shall appoint an individual to fill a
vacancy on the commission.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.86.
IC 10-17-13-9
Salaries per diem; duties of director of veterans' affairs
Sec. 9. (a) Each member of the commission who is not a state
employee is entitled to the minimum salary per diem provided by
IC 4-10-11-2.1(b). The member is also entitled to reimbursement for
traveling expenses as provided under IC 4-13-1-4 and other expenses
actually incurred in connection with the member's duties as provided
in the state policies and procedures established by the Indiana
department of administration and approved by the budget agency.
(b) Each member of the commission who is a state employee but
who is not a member of the general assembly is entitled to
reimbursement for traveling expenses as provided under IC 4-13-1-4
and other expenses actually incurred in connection with the member's
duties as provided in the state policies and procedures established by
the Indiana department of administration and approved by the budget
agency.
(c) Each member of the commission who is a member of the
general assembly is entitled to receive the same per diem, mileage,
and travel allowances paid to legislative members of interim study
committees established by the legislative council. Per diem, mileage,
and travel allowances paid under this subsection shall be paid from
appropriations made to the legislative council or the legislative
services agency.
(d) The director of veterans' affairs appointed under IC 10-17-1-5
shall act as secretary of the commission and carry out the duties set
forth in IC 10-17-1-6.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.87.
IC 10-17-13-10
Duties; management of fund
Sec. 10. (a) The commission shall manage and develop the fund
and the assets of the fund.
(b) The commission shall do the following:
(1) Carry out the duties of the commission set forth in
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IC 10-17-1.
(2) Establish written guidelines that specify the criteria for
determining priority of applications for the purpose of providing
financial assistance to qualified service members or dependents
of qualified service members as described under
IC 10-17-12-8(c).
(3) Establish a policy to determine annually the maximum total
dollar amount that may be expended for each state fiscal year
from the military family relief fund established by
IC 10-17-12-8.
(4) Establish a policy for the investment of the assets of the
fund. In establishing a policy under this subdivision, the
commission shall:
(A) establish adequate long term financial goals for the fund;
and
(B) provide adequate funding for the military family relief
fund established by IC 10-17-12-8.
(5) Acquire money for the fund through the solicitation of
private or public donations and other revenue producing
activities.
(6) Perform other tasks consistent with prudent management and
development of the fund.
As added by P.L.144-2007, SEC.16. Amended by P.L.50-2009,
SEC.9; P.L.113-2010, SEC.88; P.L.7-2014, SEC.2.
IC 10-17-13-11
Administration of fund
Sec. 11. (a) Subject to the investment policy of the commission
established under section 10 of this chapter, the treasurer of state
shall administer the fund and invest the money in the fund.
(b) The expenses of administering the fund and this chapter shall
be paid from the fund.
(c) 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 trust funds are invested. Interest that accrues
from these investments shall be deposited in the fund.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.89.
IC 10-17-13-12
Nonreversion
Sec. 12. Money in the fund at the end of a state fiscal year does
not revert to the state general fund or any other fund.
As added by P.L.144-2007, SEC.16.
IC 10-17-13-13
Annual report
Sec. 13. Before October 1 of each year, the commission shall
report in an electronic format under IC 5-14-6 to the general
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assembly concerning the fund.
As added by P.L.144-2007, SEC.16. Amended by P.L.113-2010,
SEC.90.
IC 10-17-13-14
Authority to adopt rules
Sec. 14. The commission shall adopt rules under IC 4-22-2 to
implement this chapter.
As added by P.L.144-2007, SEC.16. Amended by P.L.50-2009,
SEC.10; P.L.113-2010, SEC.91.
Indiana Code 2015
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