Indiana Code 5-1-17.5-43. Office of management and budget review
Current as of: 2023 | Check for updates
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Sec. 43. The office of management and budget shall in 2023 do the following:
(A) the structures and improvement that have been financed and constructed under this chapter;
(1) Conduct a review of:
Terms Used In Indiana Code 5-1-17.5-43
- admissions fees: means the admissions fees under IC 6-8-14. See Indiana Code 5-1-17.5-2
- authority: refers to the Indiana finance authority. See Indiana Code 5-1-17.5-4
- budget committee: means the budget committee established by IC 4-12-1-3. See Indiana Code 5-1-17.5-8
- qualified motorsports facility: means a facility that:
Indiana Code 5-1-17.5-14
(B) the amount of:
(i) the gross retail incremental amounts and income tax incremental amounts remitted for purposes of IC 4-10-23; and
(ii) the motorsports admissions fees that have been remitted under IC 6-8-14;
(C) the amount and terms of outstanding debt issued by the authority under this chapter; and
(D) the status, economic impact, and viability of the qualified motorsports facility.
(2) Before November 1, 2023, submit a copy of the review conducted under subdivision (1) to the budget committee and to the legislative council in an electronic format under IC 5-14-6.
As added by P.L.233-2013, SEC.5.