Indiana § 6-9-37-4 Convention, visitor, and tourism promotion fund; uses

Indiana Statutes

§ 6-9-37-4 — Convention, visitor, and tourism promotion fund; uses

Indiana·Art. 9 INNKEEPER'S TAXES; OTHER LOCAL TAXES·Ch. 37 Hendricks County Innkeeper's Tax

(a)The county treasurer shall establish a convention, visitor, and tourism promotion fund. The treasurer shall deposit in this fund all amounts the treasurer receives under this chapter.

(b)The county auditor shall issue a warrant directing the county treasurer to transfer money from the convention, visitor, and tourism promotion fund to the treasurer of the commission established under section 5 of this chapter if the commission submits a written request for the transfer.

(c)Subject to subsection (e), money in a convention, visitor, and tourism promotion fund, or money transferred from such a fund under subsection (b), may be expended:

(1)to promote and encourage conventions, visitors, and tourism within the county; and

(2)for the development of a county park, a county fairground, or

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(a) The county treasurer shall establish a
convention, visitor, and tourism promotion fund. The treasurer shall
deposit in this fund all amounts the treasurer receives under this
chapter.
(b) The county auditor shall issue a warrant directing the county
treasurer to transfer money from the convention, visitor, and tourism
promotion fund to the treasurer of the commission established under
section 5 of this chapter if the commission submits a written request for
the transfer.
(c) Subject to subsection (e), money in a convention, visitor, and
tourism promotion fund, or money transferred from such a fund under
subsection (b), may be expended:
(1) to promote and encourage conventions, visitors, and tourism
within the county; and
(2) for the development of a county park, a county fairground, or
a county promotion.
Expenditures under subdivision (1) may include, but are not limited to,
expenditures for advertising, promotional activities, trade shows,
special events, and recreation.
(d) If before July 1, 1997, the county issued a bond with a pledge of
revenues from the tax imposed under IC 6-9-18-3, the county shall
continue to expend money from the fund for that purpose until the bond
is paid.
(e) Tax revenues attributable to a tax rate that exceeds five percent
(5%) must be divided equally between the expenditures authorized
under subsection (c)(1) and (c)(2).

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