Sec. 12. (a) If an ordinance is adopted under section 5 of this chapter, the fiscal officer of the city shall establish a food and beverage tax receipts fund.
(b) The fiscal officer shall deposit in the fund county food and beverage tax revenue that the fiscal officer receives.
(c) Any money earned from the investment of money in the fund becomes part of the fund.
(d) Money in the fund at the end of the city fiscal year does not revert to the city general fund.
As added by P.L.176-2009, SEC.21.
Structure Indiana Code
Article 9. Innkeeper's Taxes; Other Local Taxes
Chapter 41. Monroe County Food and Beverage Tax
6-9-41-0.3. Finding of Conditions Unique to City of Bloomington and Monroe County
6-9-41-1. Application of Chapter
6-9-41-5. Ordinance Imposing Tax
6-9-41-6. Taxable Transactions; Exemption
6-9-41-8. Collection of Tax; Returns
6-9-41-9. Payment of Tax to County Treasurer
6-9-41-10. State Distribution to County Treasurer
6-9-41-11. County Food and Beverage Tax Receipts Fund
6-9-41-12. Bloomington Food and Beverage Tax Receipts Fund
6-9-41-13. Allocation of Food and Beverage Taxes Between County and City
6-9-41-14. County Food and Beverage Tax Receipts Fund; Use of Fund
6-9-41-15. City Food and Beverage Tax Receipts Fund; Use of Fund