Indiana Code — Title 6 (Taxation)
IC 6-8-1-27
Disposition of revenues
Sec. 27. (a) Money received under this chapter shall be paid by the department into a fund to be kept by the treasurer of state and known as the oil and gas fund.
(b) Money paid into this fund shall be devoted to the following purposes upon appropriation:
# (1)
To the expenses of administering this chapter.
# (2)
To the division of reclamation of the department of natural resources for the purpose of administering IC 14-37.
# (3)
To research pertaining to exploration for, development of, and wise use of petroleum resources in Indiana.
Formerly: Acts 1947, c.278, s.27. As amended by Acts 1982, P.L.63, SEC.1; P.L.109-1988,
SEC.17; P.L.1-1995, SEC.53; P.L.127-2022, SEC.1.
Amendment history
Formerly: Acts 1947, c.278, s.27. As amended by Acts 1982, P.L.63, SEC.1; P.L.109-1988, SEC.17; P.L.1-1995, SEC.53; P.L.127-2022, SEC.1.
Source: view the official text
Nearby sections (25 sections)
- 6-8-1-15 · Repealed
- 6-8-1-16 · Repealed
- 6-8-1-17 · Repealed
- 6-8-1-18 · Tax additional to all other taxes
- 6-8-1-19 · Amount collected from tax; failure of collecting trustee to…
- 6-8-1-20 · Repealed
- 6-8-1-21 · Repealed
- 6-8-1-22 · Repealed
- 6-8-1-23 · Record keeping violations; offenses
- 6-8-1-24 · Evasion of tax; offenses
- 6-8-1-25 · Repealed
- 6-8-1-26 · Repealed
- 6-8-1-27 · Disposition of revenues
- 6-8-1-28 · Reversion of oil and gas fund
- 6-8-5-1 · Qualifying bonds, notes, warrants, or other evidences of
- 6-8-8-1 · Suits to enforce tax liability; "taxes" defined
- 6-8-8-2 · Short title
- 6-8-8-3 · Conflicting laws
- 6-8-11-0.1 · Application of chapter
- 6-8-11-1 · "Deductible"
- 6-8-11-2 · "Dependent"
- 6-8-11-3 · "Eligible medical expense"
- 6-8-11-4 · "Employee"
- 6-8-11-5 · "Higher deductible"
- 6-8-11-6 · "Medical care savings account" or "account"