Ind. Code § 6-9-38-22

Current through P.L. 171-2024

Section 6-9-38-22 - Use of revenue

A unit may use revenues from a tax imposed under this chapter for one (1) or more of the following purposes:

(1) To promote and encourage conventions, visitors, and tourism within the unit.

(2) To promote and encourage economic development within the unit.

(3) Paying debt service or lease rentals on:

(A) bonds;

(B) leases;

(C) obligations; or

(D) any other evidence of indebtedness of the unit;

for a project described in subdivisions (1) and (2).

IC 6-9-38-22

As added by P.L. 214-2005, SEC.47.