Indiana Statutes
§ 6-9-53-5 — Distribution
The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state upon warrants issued by the state comptroller as follows:
(1)If the tax rate imposed under section 3 of this chapter is:
(A)five percent (5%) or less; or
(B)during the period that an increase under section 3(c) of this
chapter is in effect, seven percent (7%) or less;
all amounts received from the tax shall be paid to the county
treasurer.
(2)If the tax rate imposed under section 3 of this chapter is more
than five percent (5%), or, during the period that an increase
under section 3(c) of this chapter is in effect, more than seven
percent (7%), amounts received from the tax shall be allocated
and paid as follows:
(A)The amount received from the tax as a result of a five
percent
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Legislative History
As added by P.L.290-2019, SEC.16. Amended by P.L.9-2024,
SEC.265; P.L.121-2024, SEC.4; P.L.137-2024, SEC.18.
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Repealed§ 6-1.1-1-14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"