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Indiana Code — Title 6 (Taxation)

IC 6-8-14-9

Expiration of admissions fee

Official textiga.in.govlast amended

Sec. 9. The admissions fee expires on the later of:

# (1)

the date on which the Indiana finance authority certifies to the Indiana motorsports commission, the department of state revenue, and the qualified motorsports facility that all bonds issued by the Indiana finance authority under IC 5-1-17.5 are no longer deemed outstanding; or

# (2)

the date on which the department of state revenue certifies to the Indiana finance authority, the Indiana motorsports commission, and the qualified motorsports facility that the aggregate amount of credits provided to the owner or owners of the qualified motorsports facility under IC 4-10-23 equals or exceeds the aggregate of the amount of the appropriations made to the Indiana motorsports commission and used to pay rent by the Indiana motorsports commission to the Indiana finance authority under any lease entered into between the Indiana finance authority and the Indiana motorsports commission under IC 5-1-17.5 and any expenses that are incurred by the Indiana finance authority or the Indiana motorsports commission under IC 5-1-17.5 and are not paid out of such rent.
As added by P.L.233-2013, SEC.9.

Amendment history

As added by P.L.233-2013, SEC.9.

Source: view the official text

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Nearby sections (25 sections)
  1. 6-8-13-11 · Exemptions
  2. 6-8-13-12 · Presence of out-of-state employees; bearing on residency
  3. 6-8-13-13 · Out-of-state employees; licensing and registration exemption
  4. 6-8-13-14 · Requirement to pay transaction fees and taxes
  5. 6-8-14-1 · Application of chapter
  6. 6-8-14-2 · "Qualified motorsports facility"
  7. 6-8-14-3 · "Race day"
  8. 6-8-14-4 · Admissions fee imposed; amount
  9. 6-8-14-5 · Liability for admissions fee
  10. 6-8-14-6 · Collection of admissions fee
  11. 6-8-14-7 · Remitting of admissions fees; filing of returns
  12. 6-8-14-8 · Deposit of admissions fees into state general fund
  13. 6-8-14-9 · Expiration of admissions fee
  14. 6-8-15-1 · "Commissioner"
  15. 6-8-15-2 · "Department"
  16. 6-8-15-3 · "Nonprofit agricultural organization"
  17. 6-8-15-4 · "Nonprofit agricultural organization coverage"
  18. 6-8-15-5 · Nonprofit agricultural organization health coverage tax;
  19. 6-8-15-6 · Reporting of gross premiums received; imposition of tax;
  20. 6-8.1-1-1 · "Listed taxes"; "taxes"
  21. 6-8.1-1-1.5 · "Commissioner"
  22. 6-8.1-1-2 · "Department"
  23. 6-8.1-1-3 · "Person"
  24. 6-8.1-1-4 · "Due date"
  25. 6-8.1-1-4.5 · "Periodic tax"
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