4.
(a)This section applies to each state fiscal
year beginning after June 30, 2026.
(b)As used in this section, "qualified city" refers to East Chicago,
Hammond, or Michigan City.
(c)As used in this section, "supplemental payment statute" refers to
IC 4-33-13-5.3, as in effect on January 1, 2025.
(d)Subject to subsections (i) and (j), a qualified city is entitled to
supplemental payments under this section for amounts not paid in state
fiscal years 2022, 2023, 2024, and 2025 under the supplemental
payment statute. The state comptroller shall determine the total amount
of supplemental payments to which each qualified city is entitled as
follows:
(1)In the case of East Chicago, an amount equal to the sum of the
following:
(A)Six million four hundred seventy-four thousand two
hundred se
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4. (a) This section applies to each state fiscal
year beginning after June 30, 2026.
(b) As used in this section, "qualified city" refers to East Chicago,
Hammond, or Michigan City.
(c) As used in this section, "supplemental payment statute" refers to
IC 4-33-13-5.3, as in effect on January 1, 2025.
(d) Subject to subsections (i) and (j), a qualified city is entitled to
supplemental payments under this section for amounts not paid in state
fiscal years 2022, 2023, 2024, and 2025 under the supplemental
payment statute. The state comptroller shall determine the total amount
of supplemental payments to which each qualified city is entitled as
follows:
(1) In the case of East Chicago, an amount equal to the sum of the
following:
(A) Six million four hundred seventy-four thousand two
hundred seventy-four dollars ($6,474,274).
(B) The amount, if any, for state fiscal year 2025 for which East
Chicago is eligible under the supplemental payment statute.
(2) In the case of Michigan City, an amount equal to the sum of
the following:
(A) Five million seven hundred fifty-two thousand one hundred
twenty-five dollars ($5,752,125).
(B) The amount, if any, for state fiscal year 2025 for which
Michigan City is eligible under the supplemental payment
statute.
(3) In the case of Hammond, an amount equal to the amount, if
any, for state fiscal year 2025 for which Hammond is eligible
under the supplemental payment statute.
(e) Subject to subsections (j) and (l), each month the state
comptroller shall deduct an amount otherwise payable to Gary under
section 5(a)(2) of this chapter, if any, for the purpose of this chapter,
not to exceed a total of two million dollars ($2,000,000) for the state
fiscal year.
(f) Subject to subsections (i), (j), and (l), the state comptroller shall
annually distribute supplemental payments to each qualified city, on a
monthly basis, based on:
(1) the amount deducted under subsection (e) in the preceding
month; and
(2) one-twelfth (1/12) of the amount appropriated from the state
general fund under subsection (k).
(g) Money for the supplemental payments is sourced from:
(1) the total amount deducted under subsection (e) in the state
fiscal year; plus
(2) money appropriated by the general assembly for the state
fiscal year for the purpose of making supplemental payments
under this section.
(h) The state comptroller shall make a supplemental payment in
each state fiscal year to each qualified city in an amount determined
under the last STEP of the following formula:
STEP ONE: Divide the:
(A) total amount determined under subsection (d) for the
qualified city; by
(B) aggregate amount of supplemental payments for all
qualified cities determined under subsection (d).
STEP TWO: Multiply the:
(A) STEP ONE result; by
(B) amount of money to be used for supplemental payments in
the state fiscal year under subsections (f) and (g).
(i) A qualified city may not receive a supplemental payment in
excess of the amount determined under subsection (d) for the qualified
city.
(j) The total amount of supplemental payments made to qualified
cities in all state fiscal years may not exceed the aggregate amount of
supplemental payments determined under subsection (d).
(k) There is appropriated from the state general fund to the gaming
fund two million dollars ($2,000,000) in each state fiscal year
beginning after June 30, 2026, which may only be used to make
supplemental payments. Any amount not needed to make a
supplemental payment in a state fiscal year reverts to the state general
fund at the close of the state fiscal year and may not be used for any
other purpose.
(l) After the total amount of all supplemental payments to qualified
cities determined in subsection (d) have been made under this chapter,
the state comptroller shall continue, each month, to deduct an amount
otherwise payable to Gary under section 5(a)(2) of this chapter as set
forth in subsection (e) not to exceed a total of two million dollars
($2,000,000) for the state fiscal year for the purpose of repaying to the
state the total amounts appropriated from the state general fund under
subsection (k) and paid to qualified cites as supplemental payments
under this chapter. The state comptroller shall cease the deductions
under this subsection on the date that the total amounts appropriated
from the state general fund under subsection (k) and paid to qualified
cites have been repaid.
(m) This section expires July 1, 2039.