Partnertax.ai
Start free trial →

Indiana Code — Title 6 (Taxation)

IC 6-9-73-9

Uses of money in fund

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)

Park and recreation purposes, including the purchase of land for park and recreation purposes.

# (2)

Economic development and tourism related purposes or facilities, including the purchase of land for economic development or tourism related purposes.

# (3)

The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in subdivisions (1) and (2).
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.230-2025, SEC.122.

Amendment history

As added by P.L.230-2025, SEC.122.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
Nearby sections (25 sections)
  1. 6-9-72-8 · Food and beverage tax receipts fund
  2. 6-9-72-9 · Uses of money in fund
  3. 6-9-72-10 · Covenant of general assembly with holders of obligations
  4. 6-9-72-11 · Termination and expiration
  5. 6-9-73-1 · Application
  6. 6-9-73-2 · Application of definitions
  7. 6-9-73-3 · Fiscal body ability to adopt ordinance to impose tax
  8. 6-9-73-4 · Applicable transactions
  9. 6-9-73-5 · Tax rate
  10. 6-9-73-6 · Imposition, payment, and collection of tax
  11. 6-9-73-7 · Amounts received paid monthly to treasurer of state; warrants
  12. 6-9-73-8 · Food and beverage tax receipts fund
  13. 6-9-73-9 · Uses of money in fund
  14. 6-9-73-10 · Covenant of general assembly with holders of obligations
  15. 6-9-73-11 · Termination and expiration
  16. 6-9-74-1 · Application
  17. 6-9-74-2 · Definitions
  18. 6-9-74-3 · Fiscal body ability to levy tax; categories of eligible
  19. 6-9-74-4 · Tax rate
  20. 6-9-74-5 · Convention, visitor, and tourism promotion fund
  21. 6-9-74-6 · Commission
  22. 6-9-74-7 · Powers of commission
  23. 6-9-74-8 · Resolution authorizing agreement that pledges amounts
  24. 6-9-74-9 · Handling and expenditure of money by commission
  25. 6-9-74-10 · Unauthorized transfer; felony
Full table of contents →