Indiana § 7.1-4-12-1 Monthly deposits

Indiana Statutes

§ 7.1-4-12-1 — Monthly deposits

Indiana·Art. 4 REVENUE AND TAXES·Ch. 12 Collections and Distributions for the Pension Relief

(a)The department shall deposit thirty-four cents ($.34) of the liquor excise tax rate collected on each gallon of liquor, daily with the treasurer of state, and not later than the fifth day of the following month shall cover them into the pension relief fund established under IC 5-10.3-11.

(b)Moneys deposited in the pension relief fund under this chapter may be used for all the purposes permitted by IC 5-10.3-11. As added by Acts 1977(ss), P.L.9, SEC.6. Amended by Acts 1981, P.L.11, SEC.40.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The department shall deposit thirty-four
cents ($.34) of the liquor excise tax rate collected on each gallon of
liquor, daily with the treasurer of state, and not later than the fifth day
of the following month shall cover them into the pension relief fund
established under IC 5-10.3-11.
(b) Moneys deposited in the pension relief fund under this chapter
may be used for all the purposes permitted by IC 5-10.3-11.
As added by Acts 1977(ss), P.L.9, SEC.6. Amended by Acts
1981, P.L.11, SEC.40.

Indiana § 7.1-4-12-1 (Monthly deposits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.