Indiana § 4-33-13-5.3 Supplemental payments to qualified cities

Indiana Statutes

§ 4-33-13-5.3 — Supplemental payments to qualified cities

Indiana § 4-33-13-5.3

Art. 33RIVERBOAT GAMBLING

Ch. 13Wagering Taxes

This text of Indiana § 4-33-13-5.3 (Supplemental payments to qualified cities) 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 § 4-33-13-5.3 (2026).

Text

3.

(a)This section applies to the state fiscal year beginning July 1, 2024.

(b)As used in this section, "qualified city" refers to East Chicago, Hammond, or Michigan City.

(c)The state comptroller shall determine the total amount of money paid by the state comptroller under section 5(a)(2) of this chapter to Gary, East Chicago, Hammond, and Michigan City during the state fiscal year ending on June 30, 2019. The amount determined under this subsection for each city is the city's base year revenue. The state comptroller shall certify the base year revenue determined under this subsection to each city.

(d)A qualified city is eligible for a supplemental payment if both of the following occur in the state fiscal year:

(1)The total amount payable to Gary under section 5(a)(2) of this chapte

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3. (a) This section applies to the state fiscal
year beginning July 1, 2024.
(b) As used in this section, "qualified city" refers to East Chicago,
Hammond, or Michigan City.
(c) The state comptroller shall determine the total amount of money
paid by the state comptroller under section 5(a)(2) of this chapter to
Gary, East Chicago, Hammond, and Michigan City during the state
fiscal year ending on June 30, 2019. The amount determined under this
subsection for each city is the city's base year revenue. The state
comptroller shall certify the base year revenue determined under this
subsection to each city.
(d) A qualified city is eligible for a supplemental payment if both of
the following occur in the state fiscal year:
(1) The total amount payable to Gary under section 5(a)(2) of this
chapter in the state fiscal year is greater than the base year
revenue determined for Gary under subsection (c).
(2) The amount payable to the qualified city under section 5(a)(2)
of this chapter in the state fiscal year is less than the base year
revenue determined for the qualified city under subsection (c).
(e) The state comptroller shall determine the lesser of the following:
(1) The difference between the base year revenue determined for
the qualified city under subsection (c) and the amount payable to
the qualified city under section 5(a)(2) of this chapter.
(2) The difference between the amount payable to Gary under
section 5(a)(2) of this chapter and the base year revenue
determined for Gary under subsection (c).
(f) This section expires July 1, 2039.