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Indiana Code — Title 6 (Taxation)

IC 6-9-58-9

Uses of revenue

Official textiga.in.govlast amended

Sec. 9. Money in the food and beverage tax receipts fund must be used by the city only for the following purposes:

# (1)

Development related to the northern Indiana commuter transportation district's construction of the West Lake Corridor Commuter Rail Project.

# (2)

Development in the city's downtown area, including the purchase of land for development in the city's downtown area.

# (3)

The expansion and improvement of the Hammond Sportsplex and Community
Center, including the purchase of land for the expansion and improvement of the
Hammond Sportsplex and Community Center.

# (4)

The expansion and improvement of the Pavilion at Wolf Lake Memorial Park, including the purchase of land for the expansion and improvement of the Pavilion at Wolf Lake Memorial Park.

# (5)

The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations

incurred for a purpose described in subdivisions (1) through (4).
Revenue derived from the imposition of a tax under this chapter may be treated by the city as additional revenue for the purpose of fixing its budget for the budget year during which the revenues are to be distributed to the city.
As added by P.L.137-2024, SEC.19.

Amendment history

As added by P.L.137-2024, SEC.19.

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Nearby sections (25 sections)
  1. 6-9-57-8 · Food and beverage tax receipts fund
  2. 6-9-57-9 · Uses of revenue
  3. 6-9-57-10 · Covenant
  4. 6-9-57-11 · Expiration
  5. 6-9-58-1 · Applicability
  6. 6-9-58-2 · Definitions
  7. 6-9-58-3 · Authorization to impose tax
  8. 6-9-58-4 · Food or beverage tax transactions to which tax applies
  9. 6-9-58-5 · Rate
  10. 6-9-58-6 · Applicability of state gross retail tax provisions
  11. 6-9-58-7 · Distribution
  12. 6-9-58-8 · Food and beverage tax receipts fund
  13. 6-9-58-9 · Uses of revenue
  14. 6-9-58-10 · Covenant
  15. 6-9-58-11 · Expiration of tax
  16. 6-9-59-1 · Applicability
  17. 6-9-59-2 · Definitions
  18. 6-9-59-3 · Authorization to impose tax
  19. 6-9-59-4 · Food or beverage tax transactions to which tax applies
  20. 6-9-59-5 · Rate
  21. 6-9-59-6 · Applicability of state gross retail tax provisions
  22. 6-9-59-7 · Distribution
  23. 6-9-59-8 · Food and beverage tax receipts fund
  24. 6-9-59-9 · Uses of revenue
  25. 6-9-59-10 · Covenant
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