Indiana Code — Title 6 (Taxation)
IC 6-9-28-7
County admissions tax fund; establishment; deposit and use of
money
Sec. 7. (a) If a tax is imposed under this chapter, the county legislative body shall establish a county admissions tax fund.
(b) The county treasurer shall deposit money received under section 6 of this chapter in the county admissions tax fund.
(c) Money earned from the investment of money in the admissions tax fund becomes a part of the fund.
(d) Money in the county admissions tax fund may be used by the county only for the following:
# (1)
Providing financial assistance, including grants, loans, and guarantees, for private enterprise to complete economic development projects in the county.
# (2)
Retiring bonds issued under Indiana law.
# (3)
Paying lease rentals under Indiana law.
# (4)
Paying the operating expenses of a governmental entity that plans or implements economic development projects.
As added by P.L.19-1994, SEC.13. Amended by P.L.28-1997, SEC.28.
Amendment history
As added by P.L.19-1994, SEC.13. Amended by P.L.28-1997, SEC.28.
Source: view the official text
Nearby sections (25 sections)
- 6-9-27-8 · Town food and beverage tax receipts fund
- 6-9-27-8.5 · City food and beverage tax receipts fund
- 6-9-27-9 · Town use of revenue; pledges to pay obligations
- 6-9-27-9.5 · City use of revenue; pledges to pay obligations
- 6-9-27-10 · Payment of outstanding obligations; covenant with holders
- 6-9-27-11 · Expiration of chapter
- 6-9-28-1 · Application of chapter
- 6-9-28-2 · Ordinance imposing tax
- 6-9-28-3 · Amount of tax
- 6-9-28-4 · Liability; collection
- 6-9-28-5 · Remittance; return
- 6-9-28-6 · Payment to county by warrant
- 6-9-28-7 · County admissions tax fund; establishment; deposit and use of
- 6-9-29-1 · Application of chapter
- 6-9-29-1.2 · Application to rooms, lodgings, or other accommodations in…
- 6-9-29-1.5 · Effective date of ordinance to be specified; certified…
- 6-9-29-2 · Liability; penalty for failure to remit tax
- 6-9-29-3 · Rights and powers of county treasurer; standard return form
- 6-9-29-4 · Summary data to be provided by department of state revenue
- 6-9-29-5 · Summary data to be provided to commissions
- 6-9-29-6 · Requirement for marketplace facilitator to collect and remit
- 6-9-29-7 · Agreement to furnish county treasurer with tax collection
- 6-9-29-8 · "Innkeeper's tax fund"; restrictions
- 6-9-29.5-1 · Application of chapter
- 6-9-29.5-2 · Requirement for marketplace facilitator to collect and…