Indiana Statutes

§ 6-9-28-7 — County admissions tax fund; establishment; deposit and use of money

Indiana·Art. 9 INNKEEPER'S TAXES; OTHER LOCAL TAXES·Ch. 28 Hendricks County Admissions Tax
(a)If a tax is imposed under this chapter, the county legislative body shall establish a county admissions tax fund.
(b)The county treasurer shall deposit money received under section 6 of this chapter in the county admissions tax fund.
(c)Money earned from the investment of money in the admissions tax fund becomes a part of the fund.
(d)Money in the county admissions tax fund may be used by the county only for the following:
(1)Providing financial assistance, including grants, loans, and guarantees, for private enterprise to complete economic development projects in the county.
(2)Retiring bonds issued under Indiana law.
(3)Paying lease rentals under Indiana law.
(4)Paying the operating expenses of a governmental entity that plans or implements economic development projects.

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Indiana § 6-9-28-7 (County admissions tax fund; establishment; deposit and use of money) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.19-1994, SEC.13. Amended by P.L.28-1997, SEC.28.

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Repealed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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