Indiana Statutes
§ 36-7-31-22 — Repayments to funds
Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 31 Professional Sports Development Area in County
The capital improvement board shall repay to the professional sports development area fund or the sports and convention facilities operating fund any amount that is distributed to the capital improvement board and used for:
(1)a purpose that is not described in section 21 of this chapter; or
(2)a facility or facility site other than the facility and facility site
to which covered taxes are designated under the resolution
described in section 14 or 14.2 of this chapter.
The department shall distribute the covered taxes repaid to the
professional sports development area fund or the sports and convention
facilities operating fund under this section proportionately to the funds
and the political subdivisions that would have received the covered
taxes if the covered taxes had not been allocat
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Legislative History
As added by P.L.255-1997(ss), SEC.19. Amended by
P.L.182-2009(ss), SEC.420.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed