Indiana Code — Title 6 (Taxation)
IC 6-9-2.5-7
Convention and visitor promotion fund
Sec. 7. (a) The county treasurer shall establish a convention and visitor promotion fund.
(b) The county treasurer shall deposit in the convention and visitor promotion fund the amount of money received under section 6 of this chapter as follows:
# (1)
Before January 1, 2026, the county treasurer shall deposit in the convention and visitor promotion fund the amount of money received under section 6 of this chapter that is generated by a two and one-half percent (2.5%) rate.
# (2)
After December 31, 2025, the county treasurer shall deposit in the convention and visitor promotion fund the amount of money received under section 6 of this chapter that is generated by a three percent (3%) rate.
(c) Money in this fund shall be expended only as provided in this chapter.
(d) The commission may transfer money in the convention and visitor promotion fund to any Indiana nonprofit corporation for the purpose of promotion and encouragement in the county of conventions, trade shows, visitors, or special events. The commission may transfer money under this section only after approving the transfer. Transfers shall be made quarterly or less frequently under this section.
As added by Acts 1976, P.L.22, SEC.1. Amended by P.L.49-1994, SEC.8; P.L.208-1999, SEC.1; P.L.178-2002, SEC.75; P.L.168-2005, SEC.8; P.L.230-2025, SEC.93.
Amendment history
As added by Acts 1976, P.L.22, SEC.1. Amended by P.L.49-1994, SEC.8; P.L.208-1999, SEC.1; P.L.178-2002, SEC.75; P.L.168-2005, SEC.8; P.L.230-2025, SEC.93.
Source: view the official text
Nearby sections (25 sections)
- 6-9-2-8 · Repealed
- 6-9-2-9 · Annual report regarding disposition of money collected;
- 6-9-2-10 · Insurance benefits for convention and visitors bureau
- 6-9-2-10.3 · Legalization of certain actions relating to insurance…
- 6-9-2-11 · Bureau treated as a political subdivision for certain…
- 6-9-2.5-1 · Application of chapter
- 6-9-2.5-1.1 · Definitions
- 6-9-2.5-2 · Convention and visitor commission; creation
- 6-9-2.5-3 · Powers and duties of commission
- 6-9-2.5-4 · Expenses of commission; budget; expenditures
- 6-9-2.5-5 · Report by not-for-profit corporations receiving funds…
- 6-9-2.5-6 · Tax on lodgings authorized; rate; collection
- 6-9-2.5-7 · Convention and visitor promotion fund
- 6-9-2.5-7.5 · Tourism capital improvement fund
- 6-9-2.5-7.7 · Convention center operating, capital improvement, and
- 6-9-2.5-8 · Unauthorized transfer and use of funds; offenses
- 6-9-2.5-9 · Buildings for public use
- 6-9-3-1 · Special funds board of managers; creation; members;
- 6-9-3-2 · Organizational meeting; election of officers; bylaws, rules,…
- 6-9-3-2.5 · Open door law; public records act
- 6-9-3-3 · Handling and expenditure of funds; audit
- 6-9-3-3.5 · Financial report; summary of board's activities
- 6-9-3-4 · Innkeeper's tax imposed; collection
- 6-9-3-5 · Disposition of tax revenues
- 6-9-3-6 · Capital development tourism fund; pledge of deposit to