Energy Development Fund

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Sec. 10. (a) The "energy development fund" is established as a dedicated fund to be administered by the office. Money in the fund shall be expended by the office exclusively to effect the provisions of this chapter and may include administrative costs.

(b) All money received by the office for deposit in the energy development fund shall be deposited in the fund.

(c) No portion of the fund shall revert to the general fund of the state at the end of a fiscal year. However, if the fund is abolished its contents shall revert to the general fund of the state.

(d) All money accruing to the fund is appropriated continuously for the purposes specified in this chapter.

As added by Acts 1980, P.L.20, SEC.1. Amended by P.L.36-1983, SEC.3; P.L.10-1990, SEC.7; P.L.27-1993, SEC.14; P.L.34-2013, SEC.8.


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