Indiana Statutes

§ 4-10-23-12 — Notification of amounts determined; credits against obligations

Indiana·Art. 10 STATE FUNDS GENERALLY·Ch. 23 Motorsports Investment District Credits

The department of state revenue shall annually notify the Indiana finance authority, the commission, the budget agency, and the owner or owners of a qualified motorsports facility of the sum of:

(1)the amount determined under section 11 of this chapter; and
(2)the amount reverted to the state general fund from the motorsports facility fund established under IC 5-1-17.5-30.5; which sum shall be credited to the obligations of the owner or owners of a qualified motorsports facility in accordance with the provisions of IC 5-1-17.5.

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Legislative History

As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.7.

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