reglab/housing_qa huggingface dataset:
IN Code § 5-17-5-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 17. Public Purchases|Chapter 5. Prompt Payment|5-17-5-4. Late Payment Penalties to Subcontractors; Accrual of Interest

Sec. 4. (a) This section applies to contractors receiving late payment penalties under section 1 of this chapter.(b) A contractor who is unable to make timely payments to a subcontractor because of a state agency or political subdivision's failure to make timely payments to the contractor shall pay interest to the subcontractor at the rate of one percent (1%) per month on the amount due the subcontractor after the contractor receives payment and any penalty paid under this chapter.(c) Any interest that remains unpaid to the subcontractor at the end of any thirty (30) day period shall be added to the principal amount of the debt. After that time, interest accrues on the aggregate of the principal and unpaid interest.As added by P.L.52-1988, SEC.3. Amended by P.L.44-1996, SEC.3.
IN Code § 5-17-5-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 17. Public Purchases|Chapter 5. Prompt Payment|5-17-5-5. List of Agencies Paying Late Payment Penalties

Sec. 5. (a) The auditor of state shall prepare a list that:(1) identifies each state agency that has paid, or on whose behalf the auditor of state has paid, a late payment penalty under this chapter; and(2) states the sum paid by the agency or by the auditor of state on behalf of the agency during the preceding year.(b) The auditor of state shall submit the list prepared under subsection (a) to:(1) the governor; and(2) the budget agency;before August 1 of each year.As added by P.L.52-1988, SEC.4. Amended by P.L.44-1996, SEC.4.
IN Code § 5-19-1-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1. Cooperation With Federal Government to Receive Benefits|5-19-1-1. Cooperation With Federal Government

Sec. 1. The state, or any political subdivision thereof, are each hereby authorized and empowered to the full extent authorized by the Constitution of Indiana and not prohibited by law, to accept the provisions of any law of the Congress of the United States of America, or any rule, regulation, order or finding made pursuant thereto, now or hereafter in force, which, upon acceptance, authorizes the state, or any political subdivision thereof, to cooperate with the federal government, or to receive benefits for itself or any of its citizens; and the state, or any political subdivision thereof, is hereby authorized and empowered to do any and all acts, and to make any rule, regulation, order, or finding, that may be necessary to cooperate with the federal government or to effectuate the purposes of any such federal law.Formerly: Acts 1947, c.178, s.1.
IN Code § 5-19-1-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1. Cooperation With Federal Government to Receive Benefits|5-19-1-2. Acceptance by State

Sec. 2. The acceptance by the state shall be made by the officer, board, bureau, commission, department, or division having authority by law to do the acts to effectuate the purposes of any such federal law, by, and with the consent of the governor.If there is no officer, board, bureau, commission, department or division having authority by law to do the acts to cooperate with the federal government or to effectuate the purposes of such federal law, and it is a matter which the state has power or authority to do, then the governor may designate or appoint an officer or agency to administer, cooperate with, and effectuate the purposes of such federal law, and such officers or agency so designated or appointed with the approval of the governor shall administer the same.Formerly: Acts 1947, c.178, s.2.
IN Code § 5-19-1-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1. Cooperation With Federal Government to Receive Benefits|5-19-1-3. Acceptance by Political Subdivisions

Sec. 3. The acceptance by any political subdivision shall be made by the governing authority of such political subdivision by and with the consent of the appropriating authority of such political subdivision, if expenditures of any public funds of such political subdivision be required. No fund of any said political subdivision shall be expended without due appropriation as provided by law, but said political subdivision may make regular appropriations for the purposes authorized by this chapter or may make them as emergency appropriations are made.Formerly: Acts 1947, c.178, s.3. As amended by P.L.25-1986, SEC.101.
IN Code § 5-19-1-3.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1. Cooperation With Federal Government to Receive Benefits|5-19-1-3.5. Federal Funds; Appropriation

Sec. 3.5. If any federal funds be received by the state pursuant to the provisions of any such federal law, the same are hereby appropriated for the uses and purposes provided by said federal law, if such appropriation be required.Formerly: Acts 1972, P.L.8, SEC.1.
IN Code § 5-19-1-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1. Cooperation With Federal Government to Receive Benefits|5-19-1-4. Definitions

Sec. 4. The following words and phrases, as used in this chapter, shall, for the purposes of this chapter, unless a different meaning appears from the context, have the following meanings:(a) The singular shall include the plural and the plural shall include the singular as requisite.(b) The term "state" shall mean and include the state of Indiana, the governor of the state of Indiana, any agency of the state of Indiana designated by the governor to receive federal aid, and any officer, board, bureau, commission, division, or department. The term "governor" shall mean the governor of the state of Indiana.(c) The term "political subdivision" shall mean and include any county of Indiana, any civil township of Indiana, any civil incorporated city or town of Indiana, any school corporation of any township, city, or town of Indiana, or any other territorial subdivision of the state recognized or designated in any law, any public utility entity not privately owned, any public sewage disposal entity, any public flood control or levee district or entity, any public drainage district or entity, any public sanitary district or entity, and any public improvement district authority or entity authorized to levy taxes or assessments.Formerly: Acts 1947, c.178, s.5. As amended by P.L.25-1986, SEC.102.
IN Code § 5-19-1.5-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-1. Definitions

Sec. 1. As used in this chapter:(a) The term "borrower" means any county, any incorporated city or town, any special taxing district, any regional sewer or water district, all other political units now existing or hereafter created, and any not-for-profit corporation eligible for federal or state grants.(b) The term "governing body" means the legislative body of the borrower.(c) The term "grant" means any moneys to be received from the United States government or any of its agencies, or the state of Indiana, or any of its agencies, intended to be used for the construction of facilities for any waterworks systems or facilities for sewage works system, or the construction or improvement of any other public works which the borrower may lawfully undertake as to which a grant has been made by the granting agency.(d) The term "person" means any person, firm, corporation, limited liability company, governmental agency, or lending institution.(e) The term "project" means the facilities, public works or undertaking for which the grant is made applicable.As added by Acts 1981, P.L.61, SEC.1. Amended by P.L.8-1993, SEC.71.
IN Code § 5-19-1.5-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-2. Authorization; Terms

Sec. 2. Any borrower to which a grant has been allocated, pending the receipt thereof, but within the limitation set forth in this chapter, may borrow from any person and evidence the debt so incurred by a note, or a series of notes of equal or unequal amounts, executed by at least two (2) officers or one (1) officer and one (1) employee as authorized by the governing body of the borrower and containing such terms and provisions as may be prescribed by the governing body of the borrower. Any note shall mature not more than three (3) years from the date of issuance and may pledge for the payment of the principal and interest therefor, the proceeds of the grant and any revenue which may be derived from the facility being constructed or improved by the proceeds of the note or notes. However, no amounts may be borrowed in anticipation of a grant until a written contract is received from the grantor indicating that the grant is forthcoming.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-19-1.5-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-3. Maximum Amounts; Prepayment Upon Receipt of Grants

Sec. 3. The maximum amount of any loan made pursuant to this chapter shall not exceed eighty percent (80%) of the estimated amount of the grant in anticipation of which the loan is made. Further, the borrower shall make prepayments on the outstanding balance of its note, or retire one (1) or more of its series of outstanding notes, promptly upon partial receipt of grant funds so that the outstanding amount of any loan made pursuant to the provisions of this chapter shall not exceed the balance of the grant funds yet to be received.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-19-1.5-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-4. Sale

Sec. 4. The governing body may arrange the issuance and sale of grant anticipation notes either at a public or a private negotiated sale.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-19-1.5-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-5. Application of Proceeds

Sec. 5. It shall be the duty of the governing body to apply the proceeds of any obligations issued pursuant to this chapter to those items of cost for which the grant has been allocated by the granting agencies, or as to revenue sharing funds, by the governing body. The purchaser of any obligations shall not be liable for the proper application of the proceeds, or to insure that the maximum amount of the loan stays within the maximum limits as grant funds are from time to time received by the borrower.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-19-1.5-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-6. Tax Exemption

Sec. 6. All obligations issued pursuant to this chapter and all interest to accrue thereon shall have the tax exempt status prescribed by IC 6-8-5.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-19-1.5-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-7. Indiana Economic Development Corporation; Authorization to Make Grant Anticipation Loans

Sec. 7. Notwithstanding anything to the contrary in IC 5-28-8, the Indiana economic development corporation may make grant anticipation loans as authorized by this chapter from the fund established by IC 5-28-8-5.As added by Acts 1981, P.L.61, SEC.1. Amended by P.L.4-2005, SEC.30.
IN Code § 5-19-1.5-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 19. Federal Aid|Chapter 1.5. Grant Anticipation Notes|5-19-1.5-8. Advertisements for Bids; Inclusion of Notice of Financing Under Chapter

Sec. 8. A borrower may not finance a project with loans authorized by this chapter unless that fact is included in all advertisements for bids for construction work on that project.As added by Acts 1981, P.L.61, SEC.1.
IN Code § 5-20-1-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-1. Legislative Findings and Declaration of Public Policy

Sec. 1. Legislative Findings and Declaration of Public Policy. It is hereby declared:(1) that there exists in the state of Indiana a need for safe and sanitary residential housing within the financial means of low and moderate income persons and families, a need which unmet is a threat to the health, safety, morals and welfare of Indiana residents and which will require an excessive expenditure of public funds for the social problems thus created;(2) that private enterprise and investment will more adequately be able to produce the needed construction of decent, safe and sanitary residential housing at prices or rentals which persons and families of low and moderate income can afford, or to achieve the urgently needed rehabilitation of much of the present low and moderate income housing; that it is imperative that the supply of residential housing for persons and families of low and moderate income displaced by public actions or natural disaster be increased; and that private enterprise and investment be encouraged to sponsor, build and rehabilitate residential housing for such persons and families;(3) that the provision of decent, safe and sanitary housing for persons and families of low and moderate income who would otherwise be unable to obtain adequate housing at costs they could afford is a valid public purpose for which public money may be spent;(4) that there exists a need in Indiana to stimulate the residential housing industry; that public employees have unmet needs with regard to residential housing; that state retirement plans need additional, safe avenues for investment; and that the provision of money for mortgage loans through the issuance of mortgage-backed bonds or notes will in part meet these needs; and(5) that the necessity in the public interest and welfare for the provisions of this chapter is hereby declared a matter of legislative determination.As added by Acts 1978, P.L.28, SEC.1. Amended by Acts 1982, P.L.35, SEC.2.
IN Code § 5-20-1-3.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-3.5. Surety Bonds

Sec. 3.5. Before the issuance of any bonds under this chapter:(1) the executive director of the authority;(2) each member of the authority; and(3) any other employee or agent of the authority authorized by resolution of the authority to handle funds or sign checks;shall execute a surety bond in the penal sum of fifty thousand dollars ($50,000). If an individual described in subdivisions (1) through (3) is already covered by a bond required by state law, the individual need not obtain another bond if the bond required by state law is in at least the penal sum specified in this section and covers the individual's activities for the authority. In lieu of this bond, the chairman of the authority may execute a blanket surety bond covering each member, the executive director, and the employees or other officers of the authority. Each surety bond must be conditioned upon the faithful performance of the individual's duties, and shall be issued by a surety company authorized to transact business in Indiana as surety. At all times after the issuance of any surety bonds, these surety bonds shall be maintained in full force and effect. All costs of the surety bonds shall be borne by the authority.As added by P.L.235-2005, SEC.87.
IN Code § 5-20-1-4.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-4.5. Housing for Special Needs Populations; Allocation of Federal Low Income Housing Credits

Sec. 4.5. (a) As used in this section, "special needs populations" includes the following:(1) Persons with physical or developmental disabilities.(2) Persons with mental impairments.(3) Single parent households.(4) Victims of domestic violence.(5) Abused children.(6) Persons with chemical addictions.(7) Homeless persons.(8) The elderly.(b) As used in this section, "qualified building" means a building:(1) that is used or will be used to provide residential housing for special needs populations; and(2) for which a taxpayer is eligible to claim a low income housing credit under 26 U.S.C. 42.(c) Subject to subsection (d), the authority shall allocate to qualified buildings at least ten percent (10%) of the total dollar amount of federal low income housing credits allocated to the authority under 26 U.S.C. 42. The authority shall allocate credits under this section based on the proportionate amount of a qualified building that is used to provide residential housing for special needs populations, as determined by the authority.(d) The authority shall hold available the allocation made under subsection (c) for qualified buildings through October 31 of each calendar year. Beginning November 1 of each calendar year, any part of the allocation that remains unassigned shall be available for any appropriate use under 26 U.S.C. 42.As added by P.L.74-1989, SEC.1. Amended by P.L.2-1993, SEC.52; P.L.23-1993, SEC.17; P.L.272-1999, SEC.5; P.L.145-2008, SEC.4.
IN Code § 5-20-1-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-7. State Not Liable for Obligations of the Indiana Housing and Community Development Authority

Sec. 7. (a) Obligations issued under the provisions of this chapter do not constitute a debt, liability, or obligation of the state of Indiana or a pledge of the faith and credit of the state of Indiana, but shall be payable solely from the revenues or assets of the authority. Under any circumstances, general fund revenues of the state of Indiana may not be used to pay all or part of the obligations of the authority, and there is no moral obligation of the state of Indiana to pay all or part of the obligations of the authority. Each obligation issued under this chapter shall contain on the face thereof a statement to the effect that the authority shall not be obligated to pay the same nor the interest thereon except from the revenues or assets pledged therefor and that neither the faith and credit nor the taxing power of the state of Indiana is pledged to the payment of the principal of or the interest on such obligation.(b) Expenses incurred by the authority in carrying out the provisions of this chapter may be made payable from funds provided pursuant to this chapter, and no liability shall be incurred by the authority under this chapter beyond the extent to which moneys shall have been so provided.As added by Acts 1978, P.L.28, SEC.1. Amended by P.L.1-2006, SEC.106 and P.L.181-2006, SEC.19.
IN Code § 5-20-1-9 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-9. Trust Agreements to Secure Authority Obligations

Sec. 9. Trust Agreement to Secure Authority Obligations. In the discretion of the authority, any obligations issued under the provisions of this chapter may be secured by a trust agreement by and between the authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside the state of Indiana. Such trust agreement or the resolution providing for the issuance of such obligations, whether or not secured, may pledge or assign all or any part of the revenues or assets of the authority, including, without limitation, mortgage loans, mortgage loan commitments, construction loans, loans to lenders, contracts, agreements and other security or investment obligations, the fees or charges made or received by the authority, the moneys received in payment of loans and interest thereon, and any other moneys received or to be received by the authority. Such trust agreement or resolution may contain such provisions for protecting and enforcing the rights and remedies of the holders of any such obligations as may be reasonable and proper and not in violation of law, including convenants setting forth the duties of the authority in relation to the purposes to which obligation proceeds may be applied, the disposition or pledging of the revenues or assets of the authority, the terms and conditions for the issuance of additional obligations, and the custody, safeguarding and application of all moneys. It shall be lawful for any bank or trust company incorporated under the laws of the state which may act as depository of the proceeds of obligations, revenues, or other money to furnish such indemnifying bonds or to pledge such securities as may be required by the authority. Any such trust agreement or resolution may set forth the rights and remedies of the holders of any obligations and of the trustee, and may restrict the individual right of action by any such holders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the authority may deem reasonable and proper for the security of the holders of any obligations. All expenses incurred in carrying out the provisions of such trust agreement or resolution may be paid from the revenues or assets pledged or assigned to the payment of the principal of and the interest on obligations, or from any other funds available to the authority.As added by Acts 1978, P.L.28, SEC.1.
IN Code § 5-20-1-10 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-10. Pledge of Authority Assets to Obligations of the Authority

Sec. 10. Pledge of Authority Assets to Obligations of the Authority. The pledge of any assets or revenues of the authority to the payment of the principal of, premium, if any, and interest on any obligations of the authority shall be valid and binding from the time when the pledge is made, and any such assets or revenues shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act. The lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the authority, irrespective of whether such parties have notice thereof.As added by Acts 1978, P.L.28, SEC.1.
IN Code § 5-20-1-11 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 20. Housing|Chapter 1. Indiana Housing and Community Development Authority|5-20-1-11. Receipts as Trust Funds; Investment

Sec. 11. All Moneys Received Are Trust Funds and May Be Temporarily Invested. Notwithstanding any other provisions of law to the contrary, all moneys received pursuant to the authority of this chapter are trust funds to be held and applied solely as provided in this chapter. The resolution authorizing any obligations, or the trust agreement securing the same, may provide that any of such moneys may be temporarily invested pending the disbursement thereof, and shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes of this chapter, subject to such regulations as this chapter and such resolution or trust agreement may provide.As added by Acts 1978, P.L.28, SEC.1.