Motor vehicle odometer fund

Sec. 2. (a) The motor vehicle odometer fund is established. The fund consists of the following: (1) Amounts deposited in the fund under this title. (2) Money deposited in the fund under IC 9-29-1-5 (before its repeal). (3) Money deposited in the fund from any other source. (b) All money in the motor vehicle odometer fund shall be allocated each July as follows: (1) Forty percent (40%) is to be deposited in the motor vehicle highway account (IC 8-14-1). (2) Thirty percent (30%) is to be appropriated to the bureau for use in enforcing odometer laws. (3) Twenty percent (20%) is to be appropriated to the state police for use in enforcing odometer laws. (4) Ten percent (10%) is to be appropriated to the attorney general for use in enforcing odometer laws. [Pre-2016 Revision Citation: 9-29-1-5.] As added by P.L.198-2016, SEC.194.