§ 6-9-9-3 — Tax rate; funding of convention and visitors bureau

(a) Except as provided in subsection (b), the tax
imposed by section 2 of this chapter is imposed at the rate of seven
percent (7%) on the gross income derived from lodging income only.
(b) The county fiscal body may adopt an ordinance to increase the
tax rate to eight percent (8%).
(c) The capital improvement board of managers shall make grants
to the convention and visitor bureau in the county from the tax
proceeds paid to the capital improvement board of managers under this
chapter. A grant made to the convention and visitor bureau in the
county under this subsection is to be used solely for the development
and promotion of the tourism and convention industry within the
county. The amount of the grants to the convention and visitor bureau
in the county under this subsection must equal or exceed:
(1) two-sevenths (2/7) of the tax proceeds paid to the capital
improvement board of managers under this chapter, while an
ordinance described in subsection (b) is not in effect in the
county; or
(2) three-eighths (3/8) of the tax proceeds paid to the capital
improvement board of managers under this chapter, while an
ordinance described in subsection (b) is in effect in the county.
(d) The capital improvement board of managers may establish
budgetary requirements for the convention and visitors bureau. If the
convention and visitors bureau fails to conform, the board may elect to
suspend funding until the bureau complies.
[Pre-Local Government Recodification Citation: 18-7-18-11
part.]
As added by Acts 1980, P.L.8, SEC.62. Amended by Acts 1980,
P.L.63, SEC.1; P.L.86-1993, SEC.5; P.L.49-1994, SEC.10;
P.L.224-2007, SEC.95; P.L.290-2019, SEC.6.