Repeal; conditions
Sec. 16. (a) If no bonds, leases, obligations, or other evidences of
indebtedness of a unit that are payable from a food and beverage tax
imposed under this chapter are outstanding, the unit's fiscal body
may adopt an ordinance to repeal the unit's food and beverage tax.
(b) An ordinance described in subsection (a) must be adopted
after January 1 but before September 1 of a year. The fiscal body
shall send a certified copy of the ordinance adopted under this
section to the department.
As added by P.L.214-2005, SEC.47.
Last modified: May 28, 2006