Indiana § 36-7.5-4.5-20 South shore improvement and development fund; administration;
account for each transit development district; distributions to the fund;
uses

Indiana Statutes

§ 36-7.5-4.5-20 — South shore improvement and development fund; administration; account for each transit development district; distributions to the fund; uses

Indiana § 36-7.5-4.5-20

Title 36LOCAL GOVERNMENT

Art. 7.5NORTHWEST INDIANA REGIONAL

Ch. 4.5Rail Transit Development Districts

This text of Indiana § 36-7.5-4.5-20 (South shore improvement and development fund; administration; account for each transit development district; distributions to the fund; uses) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-7.5-4.5-20 (2026).

Text

(a)If a district is established in a member county, the development authority shall create a south shore improvement and development fund. The development authority shall establish a separate account in the fund for each district. If more than one (1) municipality has territory within the district, a subaccount shall be established for each municipality. The fund shall be administered by the development authority. The development authority shall deposit in the appropriate district account in the fund all amounts received under this chapter from the following:

(1)Distributions of local income tax increment revenue from the state.

(2)Distributions of property tax increment revenue from counties.

(b)If a district is established in a cash participant county, the redevelopment commission ha

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(a) If a district is established in a member
county, the development authority shall create a south shore
improvement and development fund. The development authority shall
establish a separate account in the fund for each district. If more than
one (1) municipality has territory within the district, a subaccount shall
be established for each municipality. The fund shall be administered by
the development authority. The development authority shall deposit in
the appropriate district account in the fund all amounts received under
this chapter from the following:
(1) Distributions of local income tax increment revenue from the
state.
(2) Distributions of property tax increment revenue from counties.
(b) If a district is established in a cash participant county, the
redevelopment commission having territory in the district shall create
a south shore improvement and development fund. The fund shall be
administered by the redevelopment commission. The redevelopment
commission shall deposit in the fund all amounts received under this
chapter from the following:
(1) Distributions of district local income tax increment revenue
from the state.
(2) Distributions of district property tax increment revenue from
the county auditor.
(c) The local income tax increment revenue and the local property
tax increment revenue received by the development authority or
redevelopment commission from each district shall be spent by the
development authority or redevelopment commission on projects
within the district from which the revenue was collected.