Ind. Code ch. 8-23-25

in effect

Ind. Code § 8-23-25-1 Purpose

Sec. 1. The high speed rail development fund is established for the purpose of promoting and developing high speed rail travel in Indiana. As added by P.L.83-1991, SEC.3.

Ind. Code § 8-23-25-2 Administration

Sec. 2. The department shall administer the fund. As added by P.L.83-1991, SEC.3.

Ind. Code § 8-23-25-3 Investment of funds

Sec. 3. The treasurer of state may invest the money in the fund in the same manner as other public funds may be invested. As added by P.L.83-1991, SEC.3.

Ind. Code § 8-23-25-4 Disbursements

Sec. 4. Money from the high speed rail development fund may be disbursed to the Interstate Rail Passenger Advisory Council under IC 8-3-19-2 (expired). As added by P.L.83-1991, SEC.3. Amended by P.L.23-2026, SEC.58.

Ind. Code § 8-23-25-5 Reversion of funds

Sec. 5. Money in the fund at the end of a fiscal year does not revert to the state general fund or to the industrial rail service fund. As added by P.L.83-1991, SEC.3.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026