Food and beverage tax receipts fund; establishment; depository;
investment income
Sec. 8. (a) If a tax is imposed under section 3 of this chapter, the
county treasurer shall establish a food and beverage tax receipts
fund.
(b) The county treasurer shall deposit in this fund all amounts
received under this chapter.
(c) Any money earned from the investment of money in the fund
becomes a part of the fund.
As added by P.L.380-1987(ss), SEC.7.
Last modified: May 28, 2006