Sales disclosure funds
Sec. 4.5. (a) The fiscal body of each county shall establish a sales
disclosure fund. The county auditor shall deposit into the fund the
money received under section 4 of this chapter. Money in the sales
disclosure fund may be expended only for:
(1) administration of this chapter;
(2) verification of the information contained on a sales
disclosure form;
(3) training of assessing officials; or
(4) purchasing computer software or hardware for a property
record system.
(b) The county fiscal body shall appropriate the money in the
sales disclosure fund for the purposes stated in subsection (a) based
on requests by assessing officials in the county.
As added by P.L.198-2001, SEC.22.
Last modified: May 28, 2006