Indiana Statutes
§ 36-7-41-13 — Local professional sports development fund
Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 41 Professional Sports Development in Northwest Indiana
(a)The local professional sports
development fund is created. The commission may make expenditures
from the fund only to accomplish the purposes of this chapter.
(b)The fund consists of the following:
(1)Grants, gifts, and donations intended for deposit in the fund.
(2)Interest that accrues from money in the fund.
(3)Money from any other source deposited in the fund.
(c)The commission shall do the following:
(1)Hold the fund in the name of the commission.
(2)Administer the fund.
(3)Make all expenditures from the fund.
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Legislative History
As added by P.L.119-2025, SEC.1.
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Repealed