Indiana Code — Title 6 (Taxation)
IC 6-9-20-9
Bonds, leases, or other obligations; covenants of general
assembly
Sec. 9. With respect to bonds, leases, or other obligations for which a pledge of revenues of the food and beverage tax imposed under this chapter has been made by the county as set forth in section 8.7 or 8.9 of this chapter, and bonds issued by a lessor that are payable from lease rentals, the general assembly covenants with the county, the most populated municipality in the county, and the purchasers or owners of the bonds or other obligations described in this subdivision that this chapter will not be repealed or amended in any manner that will adversely affect the imposition or collection of the food and beverage tax imposed by this chapter as long as the principal of any bonds, the interest on any bonds, or the lease rentals due under any lease are unpaid.
As added by P.L.83-1985, SEC.1. Amended by P.L.99-1995, SEC.12; P.L.176-2009, SEC.13.
Amendment history
As added by P.L.83-1985, SEC.1. Amended by P.L.99-1995, SEC.12; P.L.176-2009, SEC.13.
Source: view the official text
Nearby sections (25 sections)
- 6-9-20-2 · Definitions
- 6-9-20-3 · Imposition of tax by ordinance
- 6-9-20-4 · Taxable transactions; exemptions
- 6-9-20-5 · Rate of tax
- 6-9-20-6 · Procedures for imposition, payment, and collection; returns
- 6-9-20-7 · Repealed
- 6-9-20-7.5 · Payment to county treasurer and Evansville controller
- 6-9-20-8 · Repealed
- 6-9-20-8.5 · Auditorium fund; deposits; use of fund
- 6-9-20-8.7 · Bonds, leases, or other obligations; validity
- 6-9-20-8.8 · Arena fund; deposits; use of excess revenue for arena fund
- 6-9-20-8.9 · Arena fund; deposits; use of fund for arena financing
- 6-9-20-9 · Bonds, leases, or other obligations; covenants of general
- 6-9-20-9.5 · Arena fund; deposits; use of fund for arena financing
- 6-9-20-10 · Repealed
- 6-9-20-11 · County auditorium or auditorium renovation; financing and
- 6-9-20-12 · Expiration of chapter
- 6-9-21-1 · Application of chapter
- 6-9-21-2 · Definitions
- 6-9-21-3 · Adoption of ordinance
- 6-9-21-4 · Taxable transactions; exceptions
- 6-9-21-5 · Tax rate; gross retail income
- 6-9-21-6 · Imposition, payment, and collection of tax; filing of return
- 6-9-21-7 · Civic center authority; appointment of members; party
- 6-9-21-8 · Payment of tax receipts to civic center authority