Indiana § 5-1-17.5-28 Budget committee review; approval by budget agency; required
findings before resolution may be approved

Indiana Statutes

§ 5-1-17.5-28 — Budget committee review; approval by budget agency; required findings before resolution may be approved

Indiana § 5-1-17.5-28

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1BONDS AND OTHER OBLIGATIONS

Ch. 17.5Motorsports Investment District

This text of Indiana § 5-1-17.5-28 (Budget committee review; approval by budget agency; required findings before resolution may be approved) 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 § 5-1-17.5-28 (2026).

Text

The budget agency, after review by the
budget committee, shall approve the resolution establishing the
motorsports investment district if the budget agency finds that the
improvements to be made within the qualified motorsports facility are
economically sound and will benefit the people of Indiana by
protecting or increasing state and local tax bases and tax revenues for
at least the duration of the motorsports investment district.

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The budget agency, after review by the
budget committee, shall approve the resolution establishing the
motorsports investment district if the budget agency finds that the
improvements to be made within the qualified motorsports facility are
economically sound and will benefit the people of Indiana by
protecting or increasing state and local tax bases and tax revenues for
at least the duration of the motorsports investment district.