Sec. 7. The treasurer of state shall set aside for allocation to the cities and towns of this state, fifty percent (50%) of the gross amount of the revenue deposited in the general fund in accordance with the provisions of section 5 of this chapter.
[Pre-1973 Recodification Citation: 7-4-2-1.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.86-2018, SEC.133.
Structure Indiana Code
Title 7.1. Alcohol and Tobacco
Chapter 7. General Fund Collections and Distributions
7.1-4-7-1. Collection of Annual License Fees
7.1-4-7-2. Collection of Deductions and Transfer Fees
7.1-4-7-3. Miscellaneous Collections
7.1-4-7-4. Fees Deposited in Enforcement and Administration Fund and State General Fund
7.1-4-7-5. Deposit of Excise Taxes in General Fund
7.1-4-7-6. Distribution of Excise Revenue to General Fund
7.1-4-7-7. Distribution of Excise Revenue to Cities and Towns