Indiana Code 4-35-8.5-4. Use of county slot machine wagering fees
Current as of: 2023 | Check for updates
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Sec. 4. (a) As used in this section, “political subdivision” means a county, city, or town.
(1) must be paid to the fiscal officer of the political subdivision and must be deposited in the political subdivision’s general fund;
(b) Money paid to a political subdivision under this chapter:
Terms Used In Indiana Code 4-35-8.5-4
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) may not be used to reduce the political subdivision’s maximum levy under IC 6-1.1 but may be used at the discretion of the political subdivision to reduce the property tax levy of the political subdivision for a particular year;
(3) may be used for any purpose specified in this chapter or for any other legal or corporate purpose of the political subdivision, including the pledge of money to bonds, leases, or other obligations under IC 5-1-14-4; and
(4) is considered miscellaneous revenue.
As added by P.L.233-2007, SEC.21.