reglab/statecodes huggingface dataset:
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3.5. Retirement Liability Bonds › 21-32-3.5-2. Authority to Issue Bonds; Debt Service; Sources of Revenue

Sec. 2. (a) The board of trustees of a state educational institution may issue bonds for payment of retirement liabilities and pay the proceeds of the bonds to the Indiana public retirement system.
(b) The board of trustees of a state educational institution may establish debt service reserves or sinking funds with proceeds of bonds issued to fund retirement liabilities.
(c) Bonds issued under this chapter may be payable from student fees, legally available funds, sinking funds, debt service reserve funds, general operating revenues, or any combination of these sources. Bonds may be issued under this chapter by a board of trustees only after the approvals required under IC 21-35-3-22.
As added by P.L.213-2015, SEC.241.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3.5. Retirement Liability Bonds › 21-32-3.5-3. Sinking Funds Not Property of State; Investment

Sec. 3. (a) Sinking funds that are created with respect to bonds issued under this chapter to fund retirement liabilities shall be held as private funds held in trust by the board of trustees, and shall not be deemed to be property of the state.
(b) Sinking funds and debt service reserves may be invested in accordance with the provisions of IC 21-29. The principal of, accretions to, or earnings derived from sinking funds and debt service reserve funds may be used:
(1) to pay principal of and interest on bonds issued under this chapter to fund retirement liabilities; and
(2) to pay costs of administration of such sinking funds and debt service reserve funds.
As added by P.L.213-2015, SEC.241.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3.5. Retirement Liability Bonds › 21-32-3.5-4. Bonds Not Debt, Pledge of Credit, or Moral Obligation of State

Sec. 4. Bonds issued under this chapter do not constitute a debt, liability, or obligation of the state of Indiana or a pledge of the credit of the state of Indiana, but shall be payable solely from the sources specified in this chapter. No moral obligation of the state of Indiana shall exist to appropriate funds to pay principal of or interest on any bond issued under this chapter.
As added by P.L.213-2015, SEC.241.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-1. Definitions

Sec. 1. The definitions in this chapter apply throughout this article.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-2. "Cost"

Sec. 2. "Cost", for purposes of IC 21-33-3, refers to costs described in IC 21-33-3-8.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-3. "Energy Cost Savings Contract"

Sec. 3. "Energy cost savings contract" means a contract between a state educational institution and a qualified provider for the implementation of at least one (1) qualified energy savings project and related measures.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(c).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-4. "Fund"

Sec. 4. "Fund", for purposes of IC 21-33-2, refers to a facilities planning fund established under IC 21-33-2-2.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-5. "Project"

Sec. 5. "Project", for purposes of IC 21-33-3, refers to a project that is authorized under IC 21-33-3.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-6. "Qualified Energy Savings Project"

Sec. 6. "Qualified energy savings project" means a facility alteration designed to reduce energy consumption costs or other operating costs, including the following:
(1) Providing insulation of the facility and systems within the facility.
(2) Installing or providing for window and door systems, including:
(A) storm windows and storm doors;
(B) caulking or weatherstripping;
(C) multiglazed windows and doors;
(D) heat absorbing or heat reflective glazed and coated windows and doors;
(E) additional glazing;
(F) reduction in glass area; and
(G) other modifications that reduce energy consumption.
(3) Installing automatic energy control systems.
(4) Modifying or replacing heating, ventilating, or air conditioning systems.
(5) Unless an increase in illumination is necessary to conform to Indiana laws or rules or local ordinances, modifying or replacing lighting fixtures to increase the energy efficiency of the lighting system without increasing the overall illumination of a facility.
(6) Providing for other energy conservation measures that reduce energy consumption or reduce operating costs.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(a).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-7. "Qualified Provider"

Sec. 7. "Qualified provider" means a person or business experienced in the design, implementation, and installation of energy and operational cost savings systems.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(b).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-8. "Regional Campus"

Sec. 8. "Regional campus" means Indiana State University ─ Regional Campus Evansville, a regional campus managed by the Indiana State University board of trustees before July 1, 1985.
[Pre-2007 Higher Education Recodification Citation: 20-12-64-2.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 1. General Provisions; Definitions › 21-33-1-9. "Repair and Rehabilitation Project"

Sec. 9. "Repair and rehabilitation project" means a project to do any of the following:
(1) Repair, rehabilitate, remodel, renovate, reconstruct, or finish existing facilities or buildings, or both, or take any combination of those actions.
(2) Improve, replace, or add utilities, fixed equipment, or both, or take any combination of those actions.
(3) Perform site improvement work without substantially changing the exterior dimensions of existing facilities, buildings, or any combination of facilities and buildings.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1 part.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 2. Facilities Planning Fund › 21-33-2-2. Facilities Planning Fund; Established

Sec. 2. The facilities planning fund is established at each state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 part.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 2. Facilities Planning Fund › 21-33-2-3. Facilities Planning Fund; Use

Sec. 3. The assets of the fund may be used only to pay for the preliminary planning of academic facilities.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 part.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 2. Facilities Planning Fund › 21-33-2-4. Academic Facility Construction Budget

Sec. 4. An academic facility construction budget must include sufficient funds to reimburse the fund for all funds allocated under section 3 of this chapter for the preliminary planning of an academic facility.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 part.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 2. Facilities Planning Fund › 21-33-2-5. Ball State University; Health and Basic Science Facilities

Sec. 5. If approved by the commission for higher education, Ball State University may pay for project costs related to architectural, engineering, and consulting services for the construction and renovation of health and basic sciences facilities, including Cooper Science, in excess of the limits set forth in IC 21-33-3-5 and IC 21-33-3-6. If the project is recommended by the commission for higher education to the general assembly, these costs may be reimbursed.
As added by P.L.143-2014, SEC.6.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-1. Application of Chapter; State Educational Institutions

Sec. 1. This chapter applies to all state educational institutions.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1 part.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-2. Application of Chapter; Property

Sec. 2. This chapter applies to the following property:
(1) Land.
(2) Buildings.
(3) Facilities.
(4) Equipment.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-3. Approved or Authorized Projects Subject to Review by the Commission

Sec. 3. (a) The commission for higher education shall complete a review of a project approved or authorized by the general assembly.
(b) This subsection does not apply to a project approved or authorized by the general assembly for which a state appropriation will be used. The commission for higher education shall complete the review required under subsection (a) within ninety (90) days after the project is submitted for review. If the review is not completed within ninety (90) days, the budget agency or the budget committee may proceed without the commission's review.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-2.5.]
As added by P.L.2-2007, SEC.274. Amended by P.L.31-2010, SEC.3; P.L.229-2011, SEC.236.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-4. Advisory Recommendation

Sec. 4. (a) The budget agency may refer to the budget committee budgetary and fiscal matters under this chapter for which it would like an advisory recommendation.
(b) If a matter is referred to the budget committee, the budget committee:
(1) shall hold hearings;
(2) may exercise any powers under IC 4-12-1-11; and
(3) shall make an advisory recommendation to the budget agency.
The advisory recommendation may recommend that the matter as referred be approved, disapproved, referred to the general assembly, or resolved in another way.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-6.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-5. Board; Authority to Engage in Certain Projects

Sec. 5. (a) Subject to this section, in addition to projects authorized by the general assembly, the board of trustees of a state educational institution may engage in a project to:
(1) construct buildings or facilities of a cost greater than two million dollars ($2,000,000); or
(2) purchase or lease-purchase land, buildings, or facilities the principal value of which exceeds two million dollars ($2,000,000);
only if there are funds available for the project, the project meets any of the applicable conditions, and the project is reviewed by the commission for higher education and approved by the governor upon recommendation of the budget agency. The review by the commission for higher education must be completed not later than ninety (90) days after the project is submitted for review.
(b) If:
(1) any part of the cost of a project described in subsection (a) is paid by state appropriated funds or by mandatory student fees assessed all students for the project; and
(2) the project is to:
(A) construct new buildings or facilities of a cost greater than two million dollars ($2,000,000); or
(B) purchase or lease-purchase land, buildings, or facilities the principal value of which exceeds two million dollars ($2,000,000);
the project must also be approved by the general assembly.
(c) This section does not limit the board of trustees in supplementing a project approved by the general assembly from gifts or other available funds so long as approval for the expansion of the project is given by the governor on review by the commission for higher education and recommendation of the budget agency.
(d) The review and approval requirements of this section do not apply to a project to:
(1) construct buildings or facilities; or
(2) purchase or lease-purchase land, buildings, or facilities;
if the project involves the expansion or improvement of housing for students undertaken entirely by a fraternity or sorority at the state educational institution.
[Pre-2007 Higher Education Recodification Citations: 20-12-5.5-2.]
As added by P.L.2-2007, SEC.274. Amended by P.L.31-2010, SEC.4; P.L.229-2011, SEC.237; P.L.143-2014, SEC.7.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-6. Board; Authority to Engage in Repair and Rehabilitation Projects

Sec. 6. (a) Subject to subsection (b), in addition to projects authorized by the general assembly, the board of trustees of a state educational institution may engage in a repair and rehabilitation project for which:
(1) the cost of the project exceeds two million dollars ($2,000,000); and
(2) any part of the cost of the project is paid by state appropriated funds or by mandatory student fees assessed all students for the project;
only if the project is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency. The review by the commission for higher education must be completed not later than ninety (90) days after the project is submitted for review.
(b) If no part of the cost of a repair and rehabilitation project is paid by state appropriated funds or by mandatory student fees assessed all students for the project, the review and approval requirements of this section apply only if the project exceeds two million dollars ($2,000,000).
[Pre-2007 Higher Education Recodification Citations: 20-12-5.5-2(a)(2).]
As added by P.L.2-2007, SEC.274. Amended by P.L.31-2010, SEC.5; P.L.229-2011, SEC.238; P.L.143-2014, SEC.8.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-7. Board; Authority to Lease Property

Sec. 7. In addition to projects authorized by the general assembly, the board of trustees of a state educational institution may engage in a project:
(1) to lease, other than a project to lease-purchase, a building or facility; and
(2) for which the annual cost of the project exceeds five hundred thousand dollars ($500,000);
only if the project is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency. The review by the commission for higher education must be completed not later than ninety (90) days after the project is submitted for review.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-2(a)(3).]
As added by P.L.2-2007, SEC.274. Amended by P.L.31-2010, SEC.6; P.L.143-2014, SEC.9.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-8. Items Included in Cost of Projects

Sec. 8. The cost of any project authorized under this chapter includes the following:
(1) The estimated cost of architectural, engineering, and consulting services.
(2) The estimated cost of the construction and any repair and rehabilitation project.
(3) The purchase price of any land to be purchased for the project.
(4) For lease-purchase projects, the total rent to be paid over the terms of the lease and over any additional period for which the state educational institution has an option for extension or renewal.
(5) The cost of equipment.
(6) The interest costs during construction.
(7) Other costs approved by the budget agency.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-3.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-9. Use of Certain Funds for the Cost of Projects

Sec. 9. To pay the cost of a project authorized under this chapter, the following funds may be used:
(1) Funds appropriated in any state fiscal year for the project by the general assembly, subject to allocation of the funds by the budget agency, with approval of the governor.
(2) Funds derived from the issuance and sale of bonds by the board of trustees of any of the state educational institutions, so long as the issuance of the bonds that are to be supported by mandatory student fees assessed all students has been approved by the general assembly for each applicable project.
(3) Funds derived from earnings, farm and miscellaneous sales, or other receipts, so long as a project to:
(A) construct buildings or facilities with a cost greater than three hundred thousand dollars ($300,000); or
(B) purchase or lease-purchase land, buildings, or facilities the principal value of which exceeds one hundred fifty thousand dollars ($150,000);
is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency.
(4) Federal funds granted and allowed a state educational institution for a project to construct buildings or facilities, so long as each project:
(A) with a cost greater than three hundred thousand dollars ($300,000); or
(B) to purchase or lease-purchase land, buildings, or facilities the principal value of which exceeds one hundred fifty thousand dollars ($150,000);
is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency.
(5) Available funds derived from gifts, bequests, devises, or other source not listed in subdivisions (1) through (4), so long as each project to:
(A) construct buildings or facilities with a cost greater than three hundred thousand dollars ($300,000); or
(B) purchase or lease-purchase land, buildings, or facilities the principal value of which exceeds one hundred fifty thousand dollars ($150,000);
is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-4.]
As added by P.L.2-2007, SEC.274. Amended by P.L.229-2011, SEC.239.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects › 21-33-3-10. Fee Replacement Money

Sec. 10. The general assembly may appropriate fee replacement money for the replacement of student fees dedicated to pay:
(1) the principal and interest costs of bonds as approved by the general assembly; and
(2) lease-purchase costs.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-5.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-1. Authority to Undertake a Qualified Energy Savings Project

Sec. 1. A state educational institution may undertake a qualified energy savings project as provided in this chapter. If the part of the qualified energy savings project related to real property improvements is greater than seven hundred fifty thousand dollars ($750,000), the project must be reviewed by the commission for higher education and approved by the governor and the budget director on the recommendation of the budget committee. A qualified energy savings project does not require the prior approval of the general assembly, notwithstanding the source of payment for the project or bonds issued to fund the project.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(d).]
As added by P.L.2-2007, SEC.274. Amended by P.L.229-2011, SEC.240.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-2. Proposals; Contracts; Bonds

Sec. 2. A state educational institution may submit a request for proposals to qualified providers for an energy cost savings contract and may enter into an energy cost savings contract with a qualified provider under this chapter. The contract must provide that all payments, except obligations on termination of the contract before its expiration, are to be made over time. The contract may provide that energy cost savings are guaranteed by the qualified provider to the extent necessary to make payments for the qualified energy savings project. A qualified provider shall provide a sufficient bond to the state educational institution for the installation and the faithful performance of all the measures included in the contract. The contract may also include contracts for building operation programs and maintenance and management or similar agreements with the qualified provider to reduce energy or operational costs.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(e).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-3. Proposals; Contents

Sec. 3. A request for proposals must include the following:
(1) The name and address of the state educational institution.
(2) The name, address, title, and phone number of a contact person.
(3) The date, time, and place where proposals must be received.
(4) Evaluation criteria for assessing the proposals.
(5) A reasonably functional description of the facilities to be covered by the request for proposals or the maximum dollar cost of the qualified energy savings project subject to the request for proposals, or both.
(6) Any other stipulations and clarifications the state educational institution may require.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(f).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-4. Selection of Qualified Energy Savings Projects; Notice

Sec. 4. The state educational institution shall select the qualified provider and enter into an energy cost savings contract or contracts for a qualified energy savings project that best meets the needs of the state educational institution. The state educational institution shall provide public notice of the meeting at which it proposes to award an energy cost savings contract by publication one (1) time, at least ten (10) days in advance, in newspapers described in IC 21-32-3-3. The public notice must disclose the names of parties to the proposed energy cost savings contract and contain a reasonably functional description of the qualified energy savings project and the measures covered by the contract and project.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(g).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-5. Cost Savings Contracts

Sec. 5. After reviewing proposals submitted under this chapter, a state educational institution may enter into energy cost savings contracts with a qualified provider if the state educational institution reasonably expects that the cost of a qualified energy savings project recommended in the proposal would not exceed the amount to be saved in either energy or operational costs, or both, within the ten (10) year period following the date installation is complete if the recommendations in the proposal are followed. An energy cost savings contract may also include a guaranty from the qualified provider to the state educational institution that either the energy or operational cost savings, or both, will meet or exceed the cost of the energy cost savings projects not later than ten (10) years after the date installation is complete.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(h).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 4. Qualified Energy Savings Projects › 21-33-4-6. Effect of Energy Cost and Operational Savings on State Appropriations

Sec. 6. Energy cost and operational savings realized from a qualified energy savings project and an energy cost savings contract do not reduce the amount of state appropriations otherwise available to the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(i).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 5. Ball State University › 21-33-5-1. Ball State University Board; Power to Borrow Money and Issue Bonds

Sec. 1. The board of trustees of Ball State University may borrow money and issue bonds as authorized by the general assembly.
[Pre-2007 Higher Education Recodification Citation: 20-12-57.5-11(d).]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 33. State Educational Institutions: Approval of Projects; Funding › Chapter 6. University of Southern Indiana › 21-33-6-1. University of Southern Indiana Board; Power to Issue Refunding Bonds or Advance Refunding Bonds

Sec. 1. In addition to authority to issue bonds as may be periodically provided, the board of trustees of the University of Southern Indiana may issue refunding bonds or advance refunding bonds under IC 21-34, IC 21-35-2, and IC 21-35-5 for bonds of the Indiana State University board of trustees issued to finance facilities on the regional campus comprising part of the University of Southern Indiana after July 1, 1985.
[Pre-2007 Higher Education Recodification Citation: 20-12-64-14.]
As added by P.L.2-2007, SEC.274.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-1. Applicability of Article

Sec. 1. This article applies to all state educational institutions.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1 part.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-2. Limitations on Applicability of Article

Sec. 2. This article does not apply to the acquisition, construction, financing, or refinancing of any revenue producing facility that a state educational institution is authorized to acquire, construct, or finance under IC 21-35-2 or IC 21-35-3.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-14.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-3. Supplemental Effect of Article

Sec. 3. This article does not repeal, modify, or amend any Indiana law in effect on March 10, 1965, but is supplemental to the laws of this state in effect on March 10, 1965.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-18.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-4. Prior Contracts Validated

Sec. 4. This article does not affect the validity of any contracts executed before March 10, 1965.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-19.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-5. Definitions

Sec. 5. The definitions in this chapter apply throughout this article.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-6. "Bond"

Sec. 6. "Bond" means
(1) bonds (including refunding bonds);
(2) notes;
(3) temporary, interim, or permanent certificates of indebtedness;
(4) debentures; or
(5) other obligations;
evidencing indebtedness for borrowed money under this article. The term does not include installment contracts or similar instruments under IC 21-34-3-4.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-13.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-7. "Building Facility"

Sec. 7. "Building facility" means the following:
(1) Any buildings, structures, improvements, or facilities.
(2) Any utilities, other services, and appurtenances related to an item described in subdivision (1) (including facilities for the production and transmission of heat, light, water and power, sewage disposal facilities, streets and walks, and parking facilities).
(3) The land required for items described in subdivision (1) or (2).
The term includes equipment.
[Pre-2007 Higher Education Recodification Citations: 20-12-6-1 part; 20-12-6-1.2(b)(1).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-8. "Building Facilities Fee"

Sec. 8. "Building facilities fee" refers to a building facilities fee imposed under IC 21-34-5-1.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-9. "Building Facilities Fund"

Sec. 9. "Building facilities fund" refers to a building facilities fund established under IC 21-34-5-3.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-10. "Cost"

Sec. 10. "Cost" means:
(1) all or any part of the cost of construction and acquisition of all lands, structures, real or personal property, rights, rights-of-way, franchises, easements, and interests acquired or used under this article.
(2) the cost of demolishing or removing any buildings or structures on land so acquired, including the cost of acquiring any lands to which the buildings or structures may be moved;
(3) the cost of all machinery and equipment, financing charges, and interest before, during, and for a period not exceeding one (1) year after the estimated date of completion of construction or acquisition;
(4) the reserves for debt service and for extensions, enlargements, additions, replacements, renovations, and improvements to building facilities;
(5) the cost of architectural, engineering, trustee, financial, legal, and related services;
(6) the act of underwriters;
(7) the cost of plans, specifications, studies, surveys, and estimates of cost and of revenues;
(8) the administrative expenses, expenses necessary or incident to determining the feasibility or practicability of any undertaking under this article; and
(9) other expenses as may be necessary or incident to the construction, acquisition, and the financing of any undertaking under this article.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-6(g).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-11. "Eligible Members"

Sec. 11. "Eligible members" includes all:
(1) state educational institutions; and
(2) private postsecondary educational institutions.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(b)(4).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-12. "Fee Replacement"

Sec. 12. "Fee replacement" means payments to a state educational institution to be used to pay indebtedness resulting from financing the cost of:
(1) planning;
(2) purchasing;
(3) rehabilitation;
(4) construction;
(5) repair;
(6) leasing;
(7) lease-purchasing; or
(8) otherwise acquiring;
land, buildings, facilities, and equipment to be used for academic and instructional purposes.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-17(d).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-13. "Grant"

Sec. 13. "Grant" means money received under a written agreement or written agreements for a grant or gift from any one (1) or more of the following sources:
(1) The United States government or its agencies.
(2) The state or any of its agencies.
(3) A private corporation, individual, trust, or foundation, if the money is provided for the purpose of acquisition, improvement, renovation, or construction of building facilities that a state educational institution may lawfully undertake.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-8.5(e).]
As added by P.L.2-2007, SEC.275. Amended by P.L.79-2010, SEC.4.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-14. "Grant Anticipation Loan"

Sec. 14. "Grant anticipation loan" refers to a loan entered into under IC 21-34-7-1.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-14.2. "Grant Anticipation Note"

Sec. 14.2. "Grant anticipation note" refers to a note executed to evidence a grant anticipation loan.
As added by P.L.79-2010, SEC.5.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-15. "Indenture"

Sec. 15. "Indenture" refers to an indenture issued under this article for the issuance of bonds.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-16. "Joint Use Agreements"

Sec. 16. "Joint use agreements" means agreements between two (2) or more state educational institutions providing for the joint use of building facilities.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-9(a) part.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-17. "Liability"

Sec. 17. "Liability" means legal liability for damages (including costs of defense, legal costs and fees, and other claims expenses) because of injuries to other persons or entities, damage to their property or business, or other damage or loss to those persons or entities resulting from or arising out of activity of an eligible member.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(b)(5).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-18. "Liability or Other Loss Insurance Reserves"

Sec. 18. "Liability or other loss insurance reserves" means a fund set aside as a reserve to cover risk retained by the corporation in connection with a liability claim or other loss.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(b)(2).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-19. "Resolution"

Sec. 19. "Resolution" in a provision of this article concerning the issuance of bonds refers to a resolution adopted by the board of trustees of a state educational institution related to the issuance of bonds.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 1. General Provisions; Definitions › 21-34-1-20. "Risk Retention Group"

Sec. 20. "Risk retention group" means a trust, pool, corporation, partnership, or joint venture funded by and owned and operated for the benefit of more than one (1) eligible member.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(b)(3).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 2. Liability or Other Loss Insurance Reserves; Risk Retention Groups › 21-34-2-1. Board; Authority to Establish Liability or Loss Insurance Reserves

Sec. 1. The board of trustees of a state educational institution may establish liability or other loss insurance reserves or contribute those reserves or other capital to a risk retention group to provide insurance coverage against liability claims.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(a)(2).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-1. Board; Authority to Acquire, Construct, Improve, and Operate Building Facilities

Sec. 1. The board of trustees of a state educational institution may, as the board of trustees finds necessary, acquire, erect, construct, reconstruct, improve, rehabilitate, remodel, repair, complete, extend, enlarge, equip, furnish, and operate building facilities for:
(1) carrying on the educational research, the public service programs, or the statutory responsibilities of the state educational institution and the various divisions of the state educational institution under the jurisdiction of the board of trustees; or
(2) managing, operating, or servicing the state educational institution.
[Pre-2007 Higher Education Recodification Citations: 20-12-6-1.2(a)(1); 20-12-6-1 part.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-2. Location of Buildings

Sec. 2. A building facility may be located at any place within Indiana at which the board of trustees of a state educational institution determines the need exists for the building facilities.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1 part.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-3. Authority to Acquire, Erect, Construct, Rehabilitate, and Operate Equipment

Sec. 3. The board of trustees of a state educational institution may acquire, erect, construct, reconstruct, improve, rehabilitate, remodel, repair, complete, extend, enlarge, furnish, and operate any equipment that the board of trustees of a state educational institution considers necessary for:
(1) carrying on the educational research or public service programs or discharging the statutory responsibilities of the state educational institution and the various divisions of the state educational institution; or
(2) managing, operating, or servicing the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(a) part.]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-4. Authority to Acquire or Improve Real and Personal Property

Sec. 4. (a) The board of trustees of a state educational institution may:
(1) acquire, under this article or any other applicable law, by:
(A) purchase (for cash or on contract);
(B) lease or sublease for a period not exceeding forty (40) years that the board of trustees approves;
(C) condemnation;
(D) trade or exchange;
(E) gift, devise, or bequest; or
(F) other means; and
(2) improve;
real property (improved or unimproved) and personal property that the board of trustees determines necessary for the purposes set forth in subsection (b) on the terms and conditions and subject to the liens and encumbrances that the board of trustees approves.
(b) Any action may be taken under subsection (a) that the board of trustees of the state educational institution considers necessary for:
(1) carrying on the educational research, the public service programs, or the statutory responsibilities of the state educational institution and the various divisions of the state educational institution under the jurisdiction of the board of trustees; or
(2) managing, operating, or servicing the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-2(a).]
As added by P.L.2-2007, SEC.275.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-4.5. State Educational Institution Lease or Sublease to Acquire or Improve Real Property

Sec. 4.5. Notwithstanding section 4(a)(1)(B) of this chapter, the board of trustees of a state educational institution may acquire and improve, under this article or any other applicable law, real property (improved or unimproved) by lease or sublease for a period exceeding forty (40) years but not exceeding one hundred fifty (150) years under the following conditions:
(1) The board of trustees determines the real property to be necessary for the purposes set forth in section 4(b) of this chapter.
(2) The parties to the lease or sublease are both state educational institutions.
(3) The board of trustees of each such state educational institution approves the terms, conditions, liens, and encumbrances to which the lease or sublease is subject.
As added by P.L.201-2023, SEC.232.
2023 Indiana Code › Title 21. Higher Education › Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds › Chapter 3. Building Facilities, Equipment, Land › 21-34-3-5. Title to Real and Personal Property

Sec. 5. Except as otherwise provided in IC 21-34-4, title to all property acquired, including improvements on acquired property, must be taken and held by and in the name of the board of trustees in its corporate capacity for the purposes of this article. The board of trustees of a state educational institution may use for these purposes real or personal property:
(1) acquired before or after March 10, 1965; or
(2) available on or after March 10, 1965, to the state educational institution, including real estate (improved or unimproved), the title to which on or after March 10, 1965, may be in the name of the state of Indiana for the use and benefit of the board of trustees of the state educational institution or the state educational institution under its control.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-2(b).]
As added by P.L.2-2007, SEC.275.