'In lieu fee', for purposes of 13-18-22-6, means a fee that:(1) is paid pursuant to:(A) the department of natural resources stream and wetland mitigation program; or(B) another in lieu fee mitigation program;(2) is paid to:(A) the state government; or(B) the Indiana natural resources foundation created by IC 14-12-1-4; and(3) is applied toward the cost of:(A) restoring, establishing, enhancing, or preserving aquatic resources in compensation for the alteration of other aquatic resources; and(B) monitoring and providing long term management of the site where aquatic resources are restored, established, enhanced, or preserved with money provided by the fee.As added by P.L.160-2021, SEC.5.
Indiana Legal Code