Indiana Code — Title 6 (Taxation)
IC 6-9-25-9.5
Use of food and beverage tax money; capital expenditures
Sec. 9.5. (a) This section applies to revenues from the county food and beverage tax received by the county after June 30, 1994.
(b) Money in the fund established under section 8 of this chapter may be used by the county for the financing, construction, renovation, improvement, equipping, or maintenance of the following capital improvements:
# (1)
Sanitary sewers or wastewater treatment facilities that serve economic development purposes.
# (2)
Drainage or flood control facilities that serve economic development purposes.
# (3)
Road improvements used on an access road for an industrial park that serve economic development purposes.
# (4)
A covered horse show arena.
# (5)
A historic birthplace memorial.
# (6)
A historic gymnasium and community center in a town having a population of more than two thousand (2,000) and less than two thousand two hundred (2,200) located in a county having a population of more than forty-eight thousand (48,000) and less than fifty thousand (50,000).
# (7)
Main street renovation and picnic and park areas in a town having a population of more than two thousand (2,000) and less than two thousand two hundred (2,200) located in a county having a population of more than forty-eight thousand (48,000) and less than fifty thousand (50,000).
# (8)
A community park, expo center, and cultural center.
# (9)
Projects for which the county decides after July 1, 1994, to:
# (A)
expend money in the fund established under section 8 of this chapter; or
# (B)
issue bonds or other obligations or enter into leases under section 11.5 of this chapter;
after the projects described in subdivisions (1) through (8) have been funded.
# (10)
An ambulance.
# (11)
The construction, renovation, improvement, or repair of county roads.
Money in the fund may not be used for the personnel expenses and other operating costs of any of the permissible projects listed in this section. In addition, the county may not issue bonds or enter into leases or other obligations under this chapter after December 31, 2015.
Money pledged to the payment of an obligation entered into under this subsection may not be used for any other purpose as long as the obligation remains outstanding.
As added by P.L.50-1994, SEC.3. Amended by P.L.170-2002, SEC.48; P.L.158-2005, SEC.2; P.L.119-2012, SEC.70; P.L.194-2016, SEC.2; P.L.38-2021, SEC.50; P.L.104-2022, SEC.46.
Amendment history
As added by P.L.50-1994, SEC.3. Amended by P.L.170-2002, SEC.48; P.L.158-2005, SEC.2; P.L.119-2012, SEC.70; P.L.194-2016, SEC.2; P.L.38-2021, SEC.50; P.L.104-2022, SEC.46.
Source: view the official text
Nearby sections (25 sections)
- 6-9-24-9 · Repealed
- 6-9-24-10 · Expiration of chapter
- 6-9-25-1 · Application of chapter
- 6-9-25-1.5 · "Committee"
- 6-9-25-2 · Definitions
- 6-9-25-3 · Ordinance imposing food and beverage tax; adoption; certified
- 6-9-25-4 · Taxable transactions
- 6-9-25-5 · Tax rate
- 6-9-25-6 · Imposition, payment, and collection of tax; return
- 6-9-25-7 · Monthly payment of tax receipts to county treasurer
- 6-9-25-8 · Food and beverage tax receipts fund; establishment;
- 6-9-25-9 · Use of food and beverage tax money received before July 1,
- 6-9-25-9.5 · Use of food and beverage tax money; capital expenditures
- 6-9-25-10 · Repealed
- 6-9-25-10.5 · County food and beverage tax council; establishment;…
- 6-9-25-10.7 · Ordinance to rescind food and beverage tax; procedures;
- 6-9-25-11 · Bonds; issuance; payment; lease of facilities
- 6-9-25-11.5 · Bonds, leases, or other obligations; validity
- 6-9-25-12 · Bonds, leases, or other obligations; adverse legislation
- 6-9-25-13 · Tourism and economic development projects; financing;
- 6-9-25-14 · Basketball hall of fame; operation and maintenance fund; use
- 6-9-25-15 · County food and beverage tax advisory committee
- 6-9-25-16 · Expiration of chapter
- 6-9-26-1 · Application of chapter
- 6-9-26-2 · Definitions