Allocation and distribution of tax revenue; aircraft excise tax fund;
duties of county treasurer
Sec. 21. (a) The department shall allocate each aircraft excise tax
payment collected by it to the county in which the aircraft is usually
located when not in operation or to the aircraft owner's county of
residence if based out of state. The department shall distribute to
each county treasurer on a quarterly basis the aircraft excise taxes
which were collected by the department during the preceding three
(3) months and which the department has allocated to that county.
The distribution shall be made on or before the fifteenth of the month
following each quarter and the first distribution each year shall be
made in April.
(b) Concurrently with making a distribution of aircraft excise taxes,
the department shall send an aircraft excise tax report to the county
treasurer and the county auditor. The department shall prepare the
report on the form prescribed by the state board of accounts. The
aircraft excise tax report must include aircraft identification, owner
information, and excise tax payment, and must indicate the county
where the aircraft is normally kept when not in operation. The
department shall, in the manner prescribed by the state board of
accounts, maintain records concerning the aircraft excise taxes
received and distributed by it.
(c) Except as provided in section 21.5 of this chapter, each county
treasurer shall deposit money received by him under this chapter in
a separate fund to be known as the "aircraft excise tax fund". The
money in the aircraft excise tax fund shall be distributed to the taxing
units of the county in the manner prescribed in subsection (d).
(d) In order to distribute the money in the county aircraft excise tax
fund to the taxing units of the county, the county auditor shall first
allocate the money in the fund among the taxing districts of the
county. In making these allocations, the county auditor shall allocate
to a taxing district the excise taxes collected with respect to aircraft
usually located in the taxing district when not in operation. The
money allocated to a taxing district shall be apportioned and
distributed among the taxing units of that taxing district in the same
manner and at the same time that the property taxes are apportioned
and distributed.
(e) Within thirty (30) days following the receipt of excise taxes
from the department, the county treasurer shall file a report with the
county auditor concerning the aircraft excise taxes collected by the
county treasurer. The county treasurer shall file the report on the
form prescribed by the state board of accounts. The county treasurer
shall, in the manner and at the times prescribed in IC 6-1.1-27, make
a settlement with the county auditor for the aircraft excise taxes
collected by the county treasurer. The county treasurer shall, in the
manner prescribed by the state board of accounts, maintain records
concerning the aircraft excise taxes received and distributed by him.
(Formerly: Acts 1975, P.L.68, SEC.1.) As amended by Acts 1977,
P.L.88, SEC.1; Acts 1980, P.L.74, SEC.32; P.L.93-1983, SEC.11;
P.L.65-1997, SEC.21.
Last modified: May 28, 2006