Indiana § 6-9-21-9 Food and beverage tax receipts fund

Indiana Statutes

§ 6-9-21-9 — Food and beverage tax receipts fund

Indiana·Art. 9 INNKEEPER'S TAXES; OTHER LOCAL TAXES·Ch. 21 Delaware County Food and Beverage Tax

(a)If a tax is imposed under section 3 of this chapter, the civic center authority shall establish a food and beverage tax receipts fund.

(b)The authority shall deposit in this fund all amounts received under this chapter.

(c)Any money earned from the investment of money in the fund becomes a part of the fund.

(d)Money in this fund shall be used by the authority solely to finance, construct, improve, equip, operate, maintain, and promote the use of a civic center or to renovate, equip, operate, maintain, and promote the use of any existing structure that may be used as a civic center. The civic center authority is authorized to enter into lease or contractual arrangements, or both, with governmental, not-for-profit, or other private entities for the purpose of operating, maintaining, a

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(a) If a tax is imposed under section 3 of this
chapter, the civic center authority shall establish a food and beverage
tax receipts fund.
(b) The authority shall deposit in this fund all amounts received
under this chapter.
(c) Any money earned from the investment of money in the fund
becomes a part of the fund.
(d) Money in this fund shall be used by the authority solely to
finance, construct, improve, equip, operate, maintain, and promote the
use of a civic center or to renovate, equip, operate, maintain, and
promote the use of any existing structure that may be used as a civic
center. The civic center authority is authorized to enter into lease or
contractual arrangements, or both, with governmental, not-for-profit,
or other private entities for the purpose of operating, maintaining, and
promoting the use of a civic center.

Indiana § 6-9-21-9 (Food and beverage tax receipts fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.