Indiana Code — Title 6 (Taxation)
IC 6-9-74-5
Convention, visitor, and tourism promotion fund
Sec. 5. (a) The county treasurer shall establish a convention, visitor, and tourism promotion fund. The county treasurer shall deposit in this fund all amounts the county treasurer receives under section 3 of this chapter that are attributable to a rate that does not exceed eight percent (8%).
(b) The county auditor shall issue a warrant directing the county treasurer to transfer money from the convention, visitor, and tourism promotion fund to the commission's treasurer if the commission submits a written request for the transfer.
(c) Money in a convention, visitor, and tourism promotion fund, or money transferred from such a fund under subsection (b), may be expended only to promote and encourage conventions, visitors, and tourism within the county. Expenditures under this subsection may include expenditures for advertising, promotional activities, trade shows, special events, and recreation.
(d) If before July 1, 2025, the county:
# (1)
issued a bond with a pledge of revenues from the tax imposed under IC 6-9-18-3;
or
# (2)
pledged all or part of the amounts received from the tax imposed under IC 6-9-18-3 in accordance with a resolution adopted under IC 6-9-18-6.5 (before its repeal) to the payment of obligations (including bonds and leases) of a political subdivision located in the county;
the county shall continue to expend money from the fund for that purpose until any bonds, leases, or other obligations are paid.
As added by P.L.230-2025, SEC.123.
Amendment history
As added by P.L.230-2025, SEC.123.
Source: view the official text
Nearby sections (25 sections)
- 6-9-73-4 · Applicable transactions
- 6-9-73-5 · Tax rate
- 6-9-73-6 · Imposition, payment, and collection of tax
- 6-9-73-7 · Amounts received paid monthly to treasurer of state; warrants
- 6-9-73-8 · Food and beverage tax receipts fund
- 6-9-73-9 · Uses of money in fund
- 6-9-73-10 · Covenant of general assembly with holders of obligations
- 6-9-73-11 · Termination and expiration
- 6-9-74-1 · Application
- 6-9-74-2 · Definitions
- 6-9-74-3 · Fiscal body ability to levy tax; categories of eligible
- 6-9-74-4 · Tax rate
- 6-9-74-5 · Convention, visitor, and tourism promotion fund
- 6-9-74-6 · Commission
- 6-9-74-7 · Powers of commission
- 6-9-74-8 · Resolution authorizing agreement that pledges amounts
- 6-9-74-9 · Handling and expenditure of money by commission
- 6-9-74-10 · Unauthorized transfer; felony
- 6-9-74-11 · Termination and expiration
- 6-9-75-1 · Application
- 6-9-75-2 · Definitions
- 6-9-75-3 · Fiscal body ability to levy tax; categories of eligible
- 6-9-75-4 · Tax rate
- 6-9-75-5 · Convention, visitor, and tourism promotion fund
- 6-9-75-6 · Commission