Section 13-11-2-104.8 - "In lieu fee" "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.Added by P.L. 160-2021,SEC. 5, eff. 7/1/2021.