Indiana Statutes

§ 6-3.6-9-20 — State and local income tax holding account

Indiana § 6-3.6-9-20
JurisdictionIndiana
Art. 3.6LOCAL INCOME TAXES
Ch. 9Distribution of Revenue

This text of Indiana § 6-3.6-9-20 (State and local income tax holding account) 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 § 6-3.6-9-20 (2026).

Text

Effective 7-1-2027. Sec. 20.

(a)The state and local income tax holding account is established within the state general fund for the purposes of this chapter. The budget agency shall administer the account. The account consists of the following:
(1)Money transferred to the account under section 21 of this chapter.
(2)Money transferred to the account from any other source.
(3)Interest that accrues from money in the account.
(b)The treasurer of state shall invest the money in the account not currently needed for the purposes of the account in the same manner as other public funds may be invested.
(c)Money in the account is continuously appropriated for the purposes of this chapter.
(d)Money in the account at the end of a state fiscal year does not revert to the state general fund.
(e)

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Legislative History

As added by P.L.68-2025, SEC.172.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-3.6-9-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.6-9-20.