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Indiana Code — Title 6 (Taxation)

IC 6-9-10-7

Convention and tourism fund; account for revenues from

Official textiga.in.govlast amended

additional tax rate
Sec. 7. (a) The county treasurer shall establish a convention and tourism fund and shall deposit in the fund all money the county treasurer receives under section 6 of this chapter.

(b) The county treasurer shall establish an account of the fund into which the treasurer

shall deposit all tax revenues received from the imposition of the additional tax rate under section 6(g) of this chapter. Money in the account shall be expended to pay:

# (1)

debt service on bonds issued by the county to finance facilities described in section
5(b)(6) of this chapter; or

# (2)

interest on obligations entered into by a person with whom the board has entered into a contract to assist in financing facilities described in section 5(b)(6) of this chapter.

(c) Money in the fund shall be expended by the board to develop and promote the convention and tourism industry.
As added by Acts 1980, P.L.64, SEC.1. Amended by P.L.224-2003, SEC.251.

Amendment history

As added by Acts 1980, P.L.64, SEC.1. Amended by P.L.224-2003, SEC.251.

Source: view the official text

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Nearby sections (25 sections)
  1. 6-9-8-3 · Tax rate; increases; use of money generated by increase
  2. 6-9-8-4 · Exceptions
  3. 6-9-9-1 · Application of chapter
  4. 6-9-9-2 · Tax levy on business of renting or furnishing lodgings
  5. 6-9-9-3 · Tax rate; funding of convention and visitors bureau
  6. 6-9-9-4 · Exceptions
  7. 6-9-10-1 · Application of chapter
  8. 6-9-10-2 · Board of managers; creation; promotion of conventions and
  9. 6-9-10-3 · Meetings; officers; rules; quorum
  10. 6-9-10-4 · Funds; deposit; audit
  11. 6-9-10-5 · "Person"; powers of board
  12. 6-9-10-6 · Tax on lodgings; collection; additional rate to finance…
  13. 6-9-10-7 · Convention and tourism fund; account for revenues from
  14. 6-9-10-8 · Transfer and use of funds restricted; offenses
  15. 6-9-10-9 · Unique position of county to develop and promote convention
  16. 6-9-10-10 · Covenant protecting bondholders
  17. 6-9-10.5-1 · Application of chapter
  18. 6-9-10.5-1.5 · "Commission"
  19. 6-9-10.5-2 · "Executive"
  20. 6-9-10.5-3 · "Fiscal body"
  21. 6-9-10.5-4 · "Gross retail income"
  22. 6-9-10.5-5 · "Person"
  23. 6-9-10.5-6 · Tax on lodging authorized; maximum rate; collection
  24. 6-9-10.5-7 · Lake enhancement fund; deposit of revenue
  25. 6-9-10.5-8 · County promotion fund; deposit of revenue; permitted uses…
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