Indiana § 6-9-63-9 Uses of money in fund

Indiana Statutes

§ 6-9-63-9 — Uses of money in fund

Indiana § 6-9-63-9

Art. 9INNKEEPER'S TAXES; OTHER LOCAL TAXES

Ch. 63New Haven Food and Beverage Tax

This text of Indiana § 6-9-63-9 (Uses of money in fund) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-9-63-9 (2026).

Text

Money in the food and beverage tax receipts fund must be used by the city only for the following purposes:

(1)Park and recreation purposes, including the purchase of land for park and recreation purposes.

(2)Tourism related purposes or facilities, including the purchase of land for tourism related purposes.

(3)The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in subdivisions

(1)and (2). Revenue derived from the imposition of a tax under this chapter may be treated by the city as additional revenue for the purpose of fixing its budget for the budget year during which the revenues are to be distributed to the city.

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Money in the food and beverage tax receipts
fund must be used by the city only for the following purposes:
(1) Park and recreation purposes, including the purchase of land
for park and recreation purposes.
(2) Tourism related purposes or facilities, including the purchase
of land for tourism related purposes.
(3) The pledge of money under IC 5-1-14-4 for bonds, leases, or
other obligations incurred for a purpose described in subdivisions
(1) and (2).
Revenue derived from the imposition of a tax under this chapter may
be treated by the city as additional revenue for the purpose of fixing its
budget for the budget year during which the revenues are to be
distributed to the city.