Indiana Code — Title 6 (Taxation)
IC 6-9-77-9
Uses of money in fund
Official textiga.in.govlast amended
Sec. 9. Money deposited in the town food and beverage tax receipts fund may be used only for:
# (1)
transit related purposes;
# (2)
tourism and infrastructure related purposes; and
# (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 town as additional revenue for the purpose of fixing its budget for the budget year during which the revenues are to be distributed to the town.
As added by P.L.230-2025, SEC.126.
Amendment history
As added by P.L.230-2025, SEC.126.
Source: view the official text
Nearby sections (20 sections)
- 6-9-76-8 · Powers of commission
- 6-9-76-9 · Handling and expenditure of money by commission
- 6-9-76-10 · Unauthorized transfer; felony
- 6-9-76-11 · Termination and expiration
- 6-9-77-1 · Application
- 6-9-77-2 · Application of definitions
- 6-9-77-3 · Fiscal body ability to adopt ordinance to impose tax
- 6-9-77-4 · Applicable transactions
- 6-9-77-5 · Tax rate
- 6-9-77-6 · Imposition, payment, and collection of tax
- 6-9-77-7 · Amounts received paid monthly to treasurer of state; warrants
- 6-9-77-8 · Food and beverage tax receipts fund
- 6-9-77-9 · Uses of money in fund
- 6-9-77-10 · Covenant of general assembly with holders of obligations
- 6-9-77-11 · Termination and expiration
- 6-10-1-1 · "Internet"
- 6-10-1-2 · "Internet access"
- 6-10-1-3 · "Tax"
- 6-10-1-4 · "Tax on Internet access or the use of Internet access"
- 6-10-1-5 · Prohibition