Indiana § 6-3.5-10-10 Surtax fund; use

Indiana Statutes

§ 6-3.5-10-10 — Surtax fund; use

Indiana·Art. 3.5 LOCAL TAXATION·Ch. 10 Municipal Vehicle Excise Tax

(a)The fiscal officer of an adopting municipality shall deposit the surtax revenues in a fund to be known as the "municipal surtax fund".

(b)An adopting municipality may use the surtax revenues that the adopting municipality receives under this section:

(1)to construct, reconstruct, repair, or maintain streets and roads under the adopting municipality's jurisdiction; or

(2)for the county's, city's, or town's contribution to obtain a grant from the local road and bridge matching grant fund under IC 8-23-30.

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(a) The fiscal officer of an adopting
municipality shall deposit the surtax revenues in a fund to be known as
the "municipal surtax fund".
(b) An adopting municipality may use the surtax revenues that the
adopting municipality receives under this section:
(1) to construct, reconstruct, repair, or maintain streets and roads
under the adopting municipality's jurisdiction; or
(2) for the county's, city's, or town's contribution to obtain a grant
from the local road and bridge matching grant fund under IC 8-23-30.

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