Indiana Code - Taxation - Title 6, Section 6-3.5-1.1-8

Accounts in state general fund; deposits

Sec. 8. (a) A special account within the state general fund shall be
established for each county adopting the county adjusted gross
income tax. Any revenue derived from the imposition of the county
adjusted gross income tax by a county shall be deposited in that
county's account in the state general fund.
(b) Any income earned on money held in an account under
subsection (a) becomes a part of that account.
(c) Any revenue remaining in an account established under
subsection (a) at the end of a fiscal year does not revert to the state
general fund.

As added by P.L.73-1983, SEC.2.

Last modified: May 28, 2006