Indiana Code — Title 6 (Taxation)
IC 6-9-47.5-9
Use of tax revenue
Sec. 9. Money in the food and beverage tax receipts fund must be used by the county only for the following purposes:
# (1)
For economic development purposes, including the pledge of money under
IC 5-1-14-4 for bonds, leases, or other obligations for economic development purposes.
# (2)
For the following purposes:
# (A)
Parks and parking improvements necessary to support tourism in the county.
# (B)
Public safety.
# (C)
The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in clauses (A) through (B).
Revenue derived from the imposition of a tax under this chapter may be treated by the county as additional revenue for the purpose of fixing its budget for the budget year during which
the revenues are to be distributed to the county.
As added by P.L.254-2015, SEC.2. Amended by P.L.230-2025, SEC.108.
Amendment history
As added by P.L.254-2015, SEC.2. Amended by P.L.230-2025, SEC.108.
Source: view the official text
Nearby sections (25 sections)
- 6-9-46-7 · Distribution
- 6-9-46-8 · County performing arts center admissions tax fund
- 6-9-46-9 · Contractual arrangements
- 6-9-46-10 · Covenant
- 6-9-47.5-1 · Applicability
- 6-9-47.5-2 · Applicable definitions
- 6-9-47.5-3 · Imposition of tax by ordinance; separate hearing
- 6-9-47.5-4 · Taxable transactions
- 6-9-47.5-5 · Tax rate
- 6-9-47.5-6 · Collection procedures
- 6-9-47.5-7 · Distribution of tax revenue
- 6-9-47.5-8 · Deposit of tax revenue
- 6-9-47.5-9 · Use of tax revenue
- 6-9-47.5-10 · Covenants
- 6-9-47.5-11 · Expiration of tax
- 6-9-48-1 · Application of chapter
- 6-9-48-2 · Definitions
- 6-9-48-3 · "Capital improvement board"
- 6-9-48-4 · Imposition of tax by ordinance; separate hearing
- 6-9-48-5 · Taxable transactions
- 6-9-48-6 · Tax rate
- 6-9-48-7 · Collection procedures
- 6-9-48-8 · Distribution of tax revenue
- 6-9-48-9 · Deposit of tax revenue
- 6-9-48-10 · Use of tax revenue