Section 36-7.5-3-1.7 - Development authority expenditure of money for rail project(a) This section applies to a rail project.(b) Notwithstanding section 1.5 of this chapter, and except for revenue received by the development authority and pledged or otherwise obligated to pay bonds or leases entered into before July 1, 2015, for a project other than a rail project, the development authority may expend money received under this article to fund a rail project.Added by P.L. 189-2018,SEC. 170, eff. 3/21/2018.