Sec. 5. The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state upon warrants issued by the auditor of state as follows:
(1) If the tax rate imposed under section 3 of this chapter is five percent (5%) or less, all amounts received from the tax shall be paid to the county treasurer.
(2) If the tax rate imposed under section 3 of this chapter is more than five percent (5%), amounts received from the tax shall be allocated and paid as follows:
(A) The amount received from the tax as a result of a five percent (5%) rate shall be allocated and paid to the county treasurer.
(B) The amount received from the tax that exceeds the amount under clause (A) shall be allocated and paid to the Grouseland Foundation, Inc.
As added by P.L.290-2019, SEC.16.
Structure Indiana Code
Article 9. Innkeeper's Taxes; Other Local Taxes
Chapter 53. Knox County Innkeeper's Tax
6-9-53-1. Application of Chapter
6-9-53-3. Authorization to Impose Tax; Limitations
6-9-53-4. Applicability of State Gross Retail Tax Provisions
6-9-53-6. Convention, Visitor, and Tourism Promotion Fund
6-9-53-8. Commission; Powers and Duties
6-9-53-9. Grouseland Foundation
6-9-53-10. Handling of Tax Revenue