reglab/housing_qa huggingface dataset:
IN Code § 5-1.2-14.5-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-3. Water Infrastructure Grant Fund

Sec. 3. (a) The water infrastructure grant fund is established as a source of money for grants, loans, and other financial assistance to, or for the benefit of, participants in the program.(b) The fund shall be administered, held, and managed by the authority.(c) The authority shall invest or cause to be invested all or a part of the fund, pursuant to the authority's investment policy, in a fiduciary account or accounts with a trustee that is a financial institution. Notwithstanding any other law, any investment under this subsection may be made by the trustee in accordance with one (1) or more trust agreements or indentures. A trust agreement or indenture referred to in this subsection may permit disbursements by the trustee to the authority, the department, the budget agency, a participant, or any other person as provided in the trust agreement or indenture.(d) The fund consists of the following:(1) Fees and other amounts received by the state, paid by the treasurer of state to the authority upon warrants issued by the auditor of state, and deposited in the fund.(2) Appropriations to the fund from the general assembly.(3) Grants and gifts of money to the fund.(4) Proceeds of the sale of gifts to the fund.(5) Repayments of loans and other financial assistance from the fund.(e) Fees and other amounts received by the state pursuant to law concerning the funding of the water infrastructure grant fund shall be paid by the treasurer of state to the authority upon the authority's request with warrants issued by the auditor of state and deposited in the fund.(f) The expenses of administering the fund shall be paid from money in the fund.(g) Money in the fund at the end of a state fiscal year does not revert to the state general fund.(h) All:(1) money accruing to the fund; and(2) money allotted to the state under federal law for the purposes of the fund;is continuously appropriated for the purposes specified in this chapter.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-4. Use of Money in Fund

Sec. 4. Money in the water infrastructure grant fund may be used to do the following:(1) Provide grants, loans, and other financial assistance to or for the benefit of participants for:(A) the planning, designing, acquisition, construction, renovation, improvement, or expansion of water systems; and(B) other activities necessary or convenient to complete the tasks referred to in clause (A), regardless of whether the other activities are permitted by the federal Clean Water Act or the federal Safe Drinking Water Act.(2) Provide grants, loans, or other financial assistance to or for the benefit of participants for:(A) the planning, designing, acquisition, construction, renovation, improvement, or expansion of wastewater or storm water collection and treatment systems; and(B) other activities necessary or convenient to complete the tasks referred to in clause (A), regardless of whether the other activities are permitted by the federal Clean Water Act or the federal Safe Drinking Water Act.(3) Provide grants, loans, or other financial assistance to or for the benefit of participants for any eligible activity (as defined in IC 5-1.2-2-23).(4) Provide grants to political subdivisions for tasks associated with the development and preparation of:(A) long term control plans;(B) use attainability analyses; and(C) storm water management programs.(5) Undertake tasks associated with the development and preparation of water, wastewater, and storm water infrastructure and resource analyses.(6) Conduct all other activities that are permitted by the federal Clean Water Act or the federal Safe Drinking Water Act.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-5. Allocation of Grants, Loans, and Other Financial Assistance; Uses; Conditions

Sec. 5. (a) The authority shall adopt guidelines to establish criteria for the making of grants, loans (including parameters for establishing interest rates, if any, on such loans), and other financial assistance from the water infrastructure grant fund.(b) The making of grants, the making of loans, and the providing of other financial assistance from the water infrastructure grant fund to or for the benefit of participants under this chapter are subject to the following conditions:(1) A grant, loan, or other financial assistance may be used:(A) for:(i) the planning, designing, acquiring, constructing, renovating, improving, or expanding of water systems; and(ii) other activities necessary or convenient to the completion of the tasks referred to in item (i); or(B) to pay the following:(i) Consultant, advisory, and legal fees.(ii) Other costs or expenses necessary or incident to the making of grants, loans, or other financial assistance or the administration of the fund or the program.(2) A grant may be used for tasks associated with the development and preparation of water infrastructure and resource analyses.(3) The authority must establish the terms and conditions that the authority considers necessary or convenient to the making of grants or loans or the providing of other financial assistance under this chapter.(c) In addition to exercising the authority's powers under subsection (b), the authority may also make grants, make loans, or provide other financial assistance from the fund to or for the benefit of a participant under the following conditions:(1) A grant, loan, or other financial assistance may be used:(A) for planning, designing, acquiring, constructing, renovating, improving, or expanding wastewater or storm water collection and treatment systems or for any eligible activity (as defined in IC 5-1.2-2-23), and for other activities necessary or convenient to the completion of these tasks; or(B) to pay:(i) consultant, advisory, and legal fees; and(ii) other costs or expenses necessary or incident to the grant, loan, or other financial assistance or the administration of the water infrastructure grant fund or the infrastructure program.(2) A grant may be used for tasks associated with the development and preparation of:(A) long term control plans;(B) use attainability analyses;(C) storm water management programs; or(D) other wastewater or storm water infrastructure and resource analyses.(3) The authority must establish the terms and conditions that the authority considers necessary or convenient to the making of grants, the making of loans, or the providing of other financial assistance under this chapter.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-6. Application for Grant, Loan, or Other Financial Assistance

Sec. 6. (a) An application for a grant, loan, or other financial assistance from the water infrastructure grant fund must be accompanied by all papers and opinions required by the authority.(b) The authority may require that an application for a grant, a loan, or other financial assistance from the water infrastructure grant fund be accompanied by the following:(1) A certification and guarantee of signatures.(2) A certification that, as of the date of the grant, loan, or other financial assistance, no litigation is pending challenging the validity of or entry into the grant, loan, or other financial assistance.(3) Any other certifications, agreements, security, or requirements that the authority requests.(4) An approving opinion of nationally recognized bond counsel.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-7. Requirements for Grant, Loan, or Other Financial Assistance; Agreement

Sec. 7. (a) To receive a loan, grant, or other financial assistance from the water infrastructure grant fund, a participant:(1) must have an asset management program that meets standards established by the authority; and(2) must demonstrate to the authority that it has a plan to participate with one (1) or more other participants in cooperative activities, which may include using the proceeds of the loan or grant to pay a part of the costs associated with a cooperative activity.(b) To receive a loan or grant from the water infrastructure grant fund for purposes of cybersecurity, a participant must satisfy the same requirements that are established under this chapter for loans or grants for projects for other purposes.(c) A participant receiving a grant, loan, or other financial assistance from the water infrastructure grant fund shall enter into an agreement with the authority. An agreement entered into under this section is a valid, binding, and enforceable agreement of the participant.(d) After receiving a loan or grant from the water infrastructure grant fund, a participant must maintain its asset management program during the useful life of the asset financed with the loan or grant.(e) In addition to meeting the other requirements established under this section, a participant must, if appropriate, conduct or participate in efforts to determine and eliminate the causes of non-revenue water in its water distribution system.(f) Notwithstanding any other law, the authority may establish and implement requirements that:(1) apply to grants, loans, and other financial assistance to be made to participants that are not political subdivisions; and(2) are different from, or in addition to, requirements that apply to grants, loans, and financial assistance made to political subdivisions.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-8. Project Prioritization System for Awarding Grants, Loans, and Other Financial Assistance

Sec. 8. (a) The authority shall establish a project prioritization system for the purposes of awarding loans and grants from the water infrastructure grant fund. The project prioritization system must be based on a model that includes at least the following variables:(1) The effect of a project on public health and safety.(2) The effect upon, and the affordability of, the user rates and charges of participants.(3) The existence of plans for collaboration with other entities.(4) The existence of a plan to measure and manage non-revenue water.(5) Whether an applicant is employing other best practices as determined by the authority.(6) Whether the project includes an expansion of storm water collection and treatment systems.(b) The authority shall use the results of the project prioritization system established under subsection (a) to create a project priority list, and shall use the project priority list in awarding grants, loans, and other financial assistance under this chapter. The authority may adjust the project priority list established under this section:(1) if the authority determines that unforeseen circumstances require an adjustment; or(2) in case of an emergency.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-9 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-9. Advisory Services in Connection With Grant, Loan, or Other Financial Assistance

Sec. 9. The authority may provide services to a participant in connection with a grant, a loan, or other financial assistance from the water infrastructure grant fund, including advisory services and other services.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-10 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-10. Report

Sec. 10. Not later than August 1 of each odd-numbered year through 2023, the public finance director shall prepare for the budget committee established by IC 4-12-1-3 and the legislative council a report that includes the following:(1) Information concerning grants, loans, or other financial assistance made available to participants from the water infrastructure grant fund during the two (2) most recent fiscal years.(2) Any other information requested by the budget committee and the legislative council.The report must be submitted in an electronic format under IC 5-14-6.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-14.5-11 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 14.5. Water Infrastructure Grant Program|5-1.2-14.5-11. Requirement to Maintain Sufficient User Charges

Sec. 11. The authority shall, if appropriate, require a participant receiving a loan or other financial assistance from the water infrastructure grant fund to establish under applicable law and maintain sufficient user charges or other charges, fees, taxes, special assessments, or revenues available to the participant to:(1) operate and maintain its water system or wastewater collection and treatment system; and(2) pay the obligations of its water system or wastewater collection and treatment system, including all debt service associated with financial assistance from the water infrastructure grant fund.As added by P.L.154-2021, SEC.8.
IN Code § 5-1.2-15-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-1. Request

Sec. 1. At the request of the Indiana department of transportation, the authority shall carry out this chapter.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-2. Funds

Sec. 2. The authority may establish local transportation infrastructure revolving funds for the purpose of providing funds to participants for local transportation infrastructure projects. A separate fund may be established for any purpose listed in section 8(a) of this chapter. Each fund shall be administered by the authority.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-3. Fund Administration

Sec. 3. (a) In administering a fund, the authority shall do the following:(1) Monitor applicable infrastructure finance needs and the availability and cost of capital.(2) Provide financial management of investment pools and financial services associated with loans.(3) Explore and evaluate capital financing techniques.(4) Explore methods for the state to enhance the credit quality of bond issues of participants at a minimum cost to the state.(b) The Indiana department of transportation, the department of environmental management, and any other appropriate state agency, department, or instrumentality, in consultation with the authority, shall advise participants on methods for financing infrastructure.(c) The authority shall annually present a report to the budget committee and the budget agency that describes the projects funded under this chapter during the year.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-4. Powers

Sec. 4. Subject to the written procedures developed by the authority under section 7 of this chapter, the authority may do the following:(1) Accept money from any agency, department, or instrumentality of the United States, the state, or another state for deposit in a fund.(2) Issue bonds and deposit proceeds in a fund.(3) Loan money to a participant.(4) Use the money in a fund:(A) for debt financing;(B) for grants;(C) for loan guarantees;(D) to manage leveraged loan programs for new construction of local transportation infrastructure projects through recapitalization of funds;(E) to refinance and purchase participant debt;(F) to guarantee participant loans;(G) to make bond and debt service reserve insurance payments;(H) to guarantee debt service reserve funds; and(I) to provide other financial assistance;to or for a participant.(5) Deposit loan repayments by a participant in a fund.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-5. Default; Withholding of Distributions

Sec. 5. (a) If the authority uses bond proceeds to loan money to or purchase bonds of a participant, the authority may, by the resolution approving the bonds, provide that subsection (b) is applicable to the participant.(b) Notwithstanding any other law, to the extent that any department or agency of the state, including the treasurer of state, is the custodian of money payable to the participant (other than for goods or services provided by the participant), at any time after written notice to the department or agency head from the authority that the participant is in default on the payment of principal of or interest on the bonds then held or owned by or arising from an agreement with the authority, the department or agency shall withhold the payment of that money from that participant and pay over the money to the authority for the purpose of paying the principal of and interest on the related bonds. However, the withholding of payment from the participant and payment to the authority under this section must not adversely affect the validity of the bonds in default.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-6. Financial Assistance Agreement

Sec. 6. (a) If the authority finds that the local transportation infrastructure project:(1) will be of benefit to the health, safety, morals, and general welfare of the area where the local transportation infrastructure project is to be located; and(2) complies with the purposes and provisions of this chapter;the authority may by resolution approve the proposed financial assistance agreement.(b) A financial assistance agreement approved under this section in connection with bonds must provide for payments in an amount sufficient to pay the principal of, premium on (if any), and interest on the bonds issued for the financing of the local transportation infrastructure project. Interest payments for the anticipated construction period, plus a period of not more than one (1) year, may be funded in the bond issue. The term of a financial assistance agreement may not exceed twenty (20) years from the date of any bonds issued under the financial assistance agreement. However, a financial assistance agreement does not terminate after twenty (20) years if a default under that financial assistance agreement remains uncured, unless the termination is authorized by the terms of the financial assistance agreement.(c) The authority may do any of the following:(1) Establish eligibility standards for a participant and local transportation infrastructure projects, without complying with IC 4-22-2. However, these standards have the force of law if the standards are adopted after a public hearing for which notice has been given by publication under IC 5-3-1.(2) Contract with any entity securing, in whole or in part, the payment of bonds issued under this chapter and authorizing the entity to approve the participant that can finance or refinance local transportation infrastructure projects with proceeds from the bond issue secured by that entity.(3) Finance for participants in connection with their local transportation infrastructure projects:(A) the cost of their local transportation infrastructure projects, including costs of planning, designing, feasibility studies, construction, expansion, renovation, or improvement;(B) capitalized interest for the anticipated construction period plus one (1) year; and(C) in the case of a program funded from the proceeds of taxable bonds or sources other than tax exempt bonds, working capital associated with the operation of such local transportation infrastructure projects;in amounts determined to be appropriate by the authority.(d) The authority may provide financial assistance to participants in the form of forgiveness of principal of a loan.As added by P.L.189-2018, SEC.25. Amended by P.L.10-2019, SEC.25.
IN Code § 5-1.2-15-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-7. Allocation of Money to Projects; Procedure

Sec. 7. (a) The authority shall establish a written procedure, in coordination with a state agency, department, or instrumentality providing funds under section 4(1) of this chapter and for allocating money to projects described in section 8 of this chapter.(b) The procedure established under this section must include at least the following:(1) An application procedure to identify projects that qualify for funding.(2) Criteria for establishing priority of projects.(3) Procedures for selecting projects.(4) Procedures for reporting the results of the selection process and the status of projects to the budget committee.(c) To apply for a loan or other financial assistance from a fund, a participant must submit an application that contains at least the following information:(1) A description of the infrastructure for which the loan or other financial assistance is sought.(2) An estimate of the cost of constructing or improving the infrastructure, including the cost of designing the infrastructure.(3) Any other information required by the authority in accordance with the procedure established under this section.As added by P.L.189-2018, SEC.25.
IN Code § 5-1.2-15-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1.2. Indiana Finance Authority|Chapter 15. Local Transportation Infrastructure Program|5-1.2-15-8. Loans or Other Financial Assistance; Uses; Condition

Sec. 8. (a) A loan of proceeds of the authority's bonds or a loan or other financial assistance from a fund must be used by a participant to establish or improve highways, roads, streets, bridges, or any other public way, and public mass transportation systems.(b) Financial assistance from the fund must be made in conjunction with the adoption of a resolution by a participant that sets forth the participant's commitment of revenues or other money or property to the local transportation infrastructure project for which the financial assistance is made.As added by P.L.189-2018, SEC.25.