Sec. 11. Before the first business day in November of each year, the department of state revenue shall determine the sum of the following amounts for the preceding calendar year for the district:
(1) The income tax incremental amount.
(2) The gross retail incremental amount.
(3) The amount of admissions fees deposited in the state general fund under IC 6-8-14.
As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.6.
Structure Indiana Code
Title 4. State Offices and Administration
Article 10. State Funds Generally
Chapter 23. Motorsports Investment District Credits
4-10-23-5. "Gross Retail Base Period Amount"
4-10-23-6. "Gross Retail Incremental Amount"
4-10-23-7. "Income Tax Base Period Amount"
4-10-23-8. "Income Tax Incremental Amount"
4-10-23-9. "Qualified Motorsports Facility"
4-10-23-10. Calculation of Incremental Amounts; Reporting
4-10-23-11. Determination of Incremental Amounts and Admissions Fees for Preceding Calendar Year
4-10-23-12. Notification of Amounts Determined; Credits Against Obligations