IC 14-37-10-5 — Appropriations; emergency expenditures
Chapter 10. Oil and Gas Environmental Fund
Bills amending this section
Section text
Sec. 5. (a) Money paid into the fund shall be appropriated for the following purposes: (1) To supplement the cost required to abandon a well that has had a permit revoked under IC 14-37-13-1. (2) To cover the costs of remedial plugging and repairing of wells under IC 14-37-8, including the expenses of remedial action under IC 14-37-8-15. (3) To cover the cost to: (A) mitigate environmental damage; or (B) protect public safety against harm; caused by a well regulated under this article. (4) Pipeline safety. (b) The director may make expenditures from the fund for emergency purposes under section 6 of this chapter without the prior approval of the budget agency or the governor. An expenditure under this subsection may not exceed fifty thousand dollars ($50,000). (c) The director may establish a program to reimburse an applicant for the reasonable expenses of remedial action incurred under IC 14-37-8-15. The director may make expenditures from the fund for this purpose and may establish any necessary guidelines and procedures to administer the program.
As added by P.L.1-1995, SEC.30. Amended by P.L.236-2001, SEC.4; P.L.150-2011, SEC.17.
Source: official publisher (2026 edition)