Indiana Code — Title 6 (Taxation)
IC 6-9-53-5
Distribution
Sec. 5. The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state upon warrants issued by the state comptroller as follows:
# (1)
If the tax rate imposed under section 3 of this chapter is:
# (A)
five percent (5%) or less; or
# (B)
during the period that an increase under section 3(c) of this chapter is in effect, seven percent (7%) or less;
all amounts received from the tax shall be paid to the county treasurer.
# (2)
If the tax rate imposed under section 3 of this chapter is more than five percent
(5%), or, during the period that an increase under section 3(c) of this chapter is in effect, more than seven percent (7%), amounts received from the tax shall be allocated and paid as follows:
# (A)
The amount received from the tax as a result of a five percent (5%) rate, or, during the period that an increase under section 3(c) of this chapter is in effect, as a result of a seven percent (7%) rate, shall be allocated and paid to the county treasurer.
# (B)
The amount received from the tax that exceeds the amount under clause (A) shall
be allocated and paid to the Grouseland Foundation, Inc.
As added by P.L.290-2019, SEC.16. Amended by P.L.9-2024, SEC.265; P.L.121-2024,
SEC.4; P.L.137-2024, SEC.18.
Amendment history
As added by P.L.290-2019, SEC.16. Amended by P.L.9-2024, SEC.265; P.L.121-2024, SEC.4; P.L.137-2024, SEC.18.
Source: view the official text
Nearby sections (25 sections)
- 6-9-52-4 · Food or beverage tax transactions to which tax applies
- 6-9-52-5 · Rate
- 6-9-52-6 · Applicability of state gross retail tax provisions
- 6-9-52-7 · Distribution
- 6-9-52-8 · Food and beverage tax receipts fund
- 6-9-52-9 · Uses of revenue
- 6-9-52-10 · Covenant
- 6-9-52-11 · Expiration of tax
- 6-9-53-1 · Application of chapter
- 6-9-53-2 · Definitions
- 6-9-53-3 · Authorization to impose tax; limitations
- 6-9-53-4 · Applicability of state gross retail tax provisions
- 6-9-53-5 · Distribution
- 6-9-53-6 · Convention, visitor, and tourism promotion fund
- 6-9-53-7 · Commission
- 6-9-53-8 · Commission; powers and duties
- 6-9-53-9 · Grouseland Foundation
- 6-9-53-10 · Handling of tax revenue
- 6-9-53-11 · Crime; commission; improper transfer
- 6-9-53-12 · Crime; Grouseland Foundation; improper transfer
- 6-9-54-1 · Application of chapter
- 6-9-54-2 · Definitions
- 6-9-54-3 · Ordinance imposing tax; public hearing
- 6-9-54-4 · Taxable transactions; exemption
- 6-9-54-5 · Rate of tax