Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 4-10-22-1-7 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 4 - State Offices and Administration/
  5. Article 10 - State Funds Generally/
  6. Chapter 22 - Use of Excess Reserves4-10-22-1. Calculation of State Reserves/
  7. § 4-10-22-1-7
Indiana Legal Code

§ 4-10-22-1-7

Ask AI about this
Notwithstanding any other law, if, after the calculation in calendar year 2025 required by section 1(a) of this chapter, the budget agency certifies that the state's combined reserve balance as calculated in section 1 of this chapter exceeds three billion dollars ($3,000,000,000), the budget agency, after budget committee review, shall transfer the amount of combined state reserves that exceed three billion dollars ($3,000,000,000) to the pre-1996 account (as defined in IC 5-10.2-1-5.5) for the purposes of the pre-1996 account.As added by P.L.201-2023, SEC.65.