Indiana § 6-9-48-10 Use of tax revenue

Indiana Statutes

§ 6-9-48-10 — Use of tax revenue

Indiana·Art. 9 INNKEEPER'S TAXES; OTHER LOCAL TAXES·Ch. 48 Vigo County Food and Beverage Tax

Amounts received by the capital improvement board under this chapter may be used by the capital improvement board only for the following purposes:

(1)The acquisition, construction, improvement, maintenance, or financing of:

(A)a convention center that is constructed after June 30, 2018;

(B)a facility that is used or will be used principally for:

(i)convention or tourism related events; or

(ii)the arts; that is constructed after June 30, 2018; or

(C)wayfinding improvements made after June 30, 2018, that assist individuals in locating and following or discovering a route through and to a given location, including kiosks, indoor maps, and building directories.

(2)To pay the principal and interest on bonds issued to finance a purpose described in subdivision (1).

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Amounts received by the capital improvement
board under this chapter may be used by the capital improvement board
only for the following purposes:
(1) The acquisition, construction, improvement, maintenance, or
financing of:
(A) a convention center that is constructed after June 30, 2018;
(B) a facility that is used or will be used principally for:
(i) convention or tourism related events; or
(ii) the arts;
that is constructed after June 30, 2018; or
(C) wayfinding improvements made after June 30, 2018, that
assist individuals in locating and following or discovering a
route through and to a given location, including kiosks, indoor
maps, and building directories.
(2) To pay the principal and interest on bonds issued to finance a
purpose described in subdivision (1).

Indiana § 6-9-48-10 (Use of tax revenue) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.