Indiana § 6-9-1-6.2 Sports complex fund

Indiana Statutes

§ 6-9-1-6.2 — Sports complex fund

Indiana § 6-9-1-6.2

Art. 9INNKEEPER'S TAXES; OTHER LOCAL TAXES

Ch. 1St. Joseph County Innkeeper's Tax

This text of Indiana § 6-9-1-6.2 (Sports complex fund) 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 § 6-9-1-6.2 (2026).

Text

2.

(a)As used in this section, "sports complex fund" refers to the Mishawaka indoor sports complex fund.

(b)Subject to subsection (d), the county treasurer, after collecting the tax revenue in accordance with section 5 of this chapter, shall quarterly deposit tax revenue in the sports complex fund as follows:

(1)If the tax is imposed at a rate of six percent (6%), sixty percent (60%) of the amount of revenue collected as a result of a one percent (1%) rate.

(2)If the county fiscal body adopts an ordinance to increase the tax rate imposed under this chapter to a rate of more than six percent (6%), but less than eight percent (8%), the sum of:

(A)twenty percent (20%) of the amount of revenue that is attributable to the increased tax rate; plus

(B)sixty percent (60%) of the amount of re

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2. (a) As used in this section, "sports complex
fund" refers to the Mishawaka indoor sports complex fund.
(b) Subject to subsection (d), the county treasurer, after collecting
the tax revenue in accordance with section 5 of this chapter, shall
quarterly deposit tax revenue in the sports complex fund as follows:
(1) If the tax is imposed at a rate of six percent (6%), sixty percent
(60%) of the amount of revenue collected as a result of a one
percent (1%) rate.
(2) If the county fiscal body adopts an ordinance to increase the
tax rate imposed under this chapter to a rate of more than six
percent (6%), but less than eight percent (8%), the sum of:
(A) twenty percent (20%) of the amount of revenue that is
attributable to the increased tax rate; plus
(B) sixty percent (60%) of the amount of revenue collected as
a result of a one percent (1%) rate.
(3) If the county fiscal body adopts an ordinance to increase the
tax rate imposed under this chapter to a rate of eight percent (8%),
the amount of revenue collected as a result of a one percent (1%)
rate.
(c) Money in the sports complex fund shall be expended by the
board of managers to develop and operate an indoor sports complex
located in the city of Mishawaka.
(d) This section expires on July 1, 2046.