Deposit of revenue in special account
Sec. 16. (a) A special account within the state general fund shall
be established for each county that adopts the county option income
tax. Any revenue derived from the imposition of the county option
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.44-1984, SEC.14.
Last modified: May 28, 2006