IC 5-35.7-3-2: Unallotment and reversion of used appropriated funds
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 35.7. FISCAL INTEGRITY AND CONTRACT ACCOUNTABILITY
- Chapter 3. Reversion of Appropriations
Sec. 2. Unless otherwise provided by law, any funds appropriated by the general assembly to a state agency for an expense related to a contract that remain unused ninety (90) days after the end of the term of the contract:
(1) must be unallotted by the budget agency and no longer available for the state agency's use; and
(2) on the June 30 after the funds are unallotted, revert to the fund from which they were appropriated.
Collected 2026-09-02T16:11:39Z. Source file · JSON