Governor Holcomb signs executive order to distribute Volkswagen Environmental Mitigation Trust Fund
Governor Holcomb signed an executive order Thursday, outlining next steps to distribute Indiana’s $40.9 million portion of the Volkswagen Environmental Mitigation Trust Fund, which was formed as a result of a settlement between the U.S. Department of Justice and the Volkswagen Corporation for its violation of the federal Clean Air Act.
The executive order establishes the Indiana Volkswagen Environmental Mitigation Trust Fund Committee (committee) and names the Indiana Department of Environmental Management (IDEM) as the beneficiary of and the administrative agency for the trust fund. The 11-member committee is charged with establishing appropriate procedures for distributing the funds and working with IDEM to develop a plan for how the funds should be used, which must be made available for public comment.
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