Sec. 11. (a) If a tax is imposed under section 3 of this chapter, the county fiscal officer shall establish an economic development project fund.
(b) The county fiscal officer shall deposit in the fund all amounts received under this chapter.
(c) Any money earned from the investment of money in the fund becomes a part of the fund.
As added by P.L.74-1988, SEC.2.
Structure Indiana Code
Article 9. Innkeeper's Taxes; Other Local Taxes
Chapter 26. Madison County Food and Beverage Tax
6-9-26-1. Application of Chapter
6-9-26-3. Rate of Tax; Ordinance
6-9-26-5. Effective Date and Application of Ordinance
6-9-26-7. Food Served Off-Premises, in Heated State, or With Eating Utensils
6-9-26-11. Economic Development Project Fund; Establishment; Deposits
6-9-26-12.5. Transfer of Funds; Use
6-9-26-13. Disbursements; Resolution and Findings; Restrictions on Use
6-9-26-14. Repeal of Ordinance