Indiana Code — Title 6 (Taxation)
IC 6-8-12-5
Findings
Sec. 5. The general assembly finds that:
# (1)
this chapter has been enacted as a requirement to host an eligible event in Indiana and that an eligible event would not be held in Indiana without the exemptions provided in this chapter;
# (2)
notwithstanding the exemptions provided in this chapter, an eligible event held in
Indiana would generate a significant economic impact for Indiana and additional revenues from taxes affected by this chapter; and
# (3)
the exemptions provided in this chapter will not reduce or adversely affect the levy and collection of taxes pledged to the payment of bonds, notes, leases, or subleases payable from those taxes.
As added by P.L.211-2007, SEC.39; P.L.234-2007, SEC.42.
Amendment history
As added by P.L.211-2007, SEC.39; P.L.234-2007, SEC.42.
Source: view the official text
Nearby sections (25 sections)
- 6-8-11-18 · Written notice required
- 6-8-11-19 · Money exempt from execution
- 6-8-11-20 · Distribution upon death of employee with no covered
- 6-8-11-21 · Transfer of account
- 6-8-11-22 · Termination of employment
- 6-8-11-23 · Procedures for payment upon termination
- 6-8-11-24 · Distribution upon death of employee with dependents
- 6-8-11-25 · Rules
- 6-8-12-1 · "Eligible entity"
- 6-8-12-2 · "Eligible event"
- 6-8-12-3 · Tax exemption; exceptions
- 6-8-12-4 · Marion County admissions tax not applicable
- 6-8-12-5 · Findings
- 6-8-13-1 · "Department"
- 6-8-13-2 · "Disaster emergency"
- 6-8-13-3 · "Disaster period"
- 6-8-13-4 · "Disaster emergency related work"
- 6-8-13-5 · "Registered business"
- 6-8-13-6 · "Entity"
- 6-8-13-7 · "Infrastructure"
- 6-8-13-7.5 · "Mutual assistance agreement"
- 6-8-13-8 · "Out-of-state business"
- 6-8-13-9 · "Out-of-state employee"
- 6-8-13-10 · Submission of information by out-of-state businesses
- 6-8-13-11 · Exemptions