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260D.12 Payment of appropriation.

Payment of appropriations for distribution under this chapter, or of appropriations made in lieu of such appropriations, shall be made by the department of revenue and finance in monthly installments due on or about the fifteenth day of each month of a budget year, and installments shall be as nearly equal as possible, as determined by the department of revenue and finance, taking into consideration the relative budget and cash position of the state resources.

Section History: Recent form

86 Acts, ch 1246, § 156 ~IC87, § 286A.12 ~IC93, § 260D.12 ~I94 Acts, ch 1181, § 13, 18; 95 Acts, ch 214, §9--;11

Footnotes

1994 amendments, as amended by the 1995 amendments, are effective July 1, 1995; 94 Acts, ch 1181, § 18; 95 Acts, ch 214, § 10, 11


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