Indiana Statutes
§ 6-9-3-5 — Disposition of tax revenues
(a)Seventy-five percent (75%) of the tax
revenues received by the county treasurer as provided in section 4 of
this chapter shall be deposited in the convention and exhibition center
fund, which fund shall be expended by the board of managers to
develop and promote a program to attract conventions and exhibitions.
(b)The county treasurer shall deposit twenty-five percent (25%) of
the tax revenues he receives under section 4 of this chapter in a
separate fund to be known as the capital development tourism fund.
The board of managers may use money in the capital development
tourism fund only to pay the principal and interest due on bonds issued
by:
(1)one (1) of the counties described in section 1 of this chapter;
or
(2)a political subdivision, as defined in IC 36-1-2-13, located in
one
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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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"