County economic development income tax special account
Sec. 10. (a) A special account within the state general fund shall
be established for each county adopting the county economic
development income tax. Any revenue derived from the imposition
of the county economic development income tax by a county shall be
credited to that county's account in the state general fund.
(b) Any income earned on money credited to an account under
subsection (a) becomes a part of that account.
(c) Any revenue credited to an account established under
subsection (a) at the end of a fiscal year may not be credited to any
other account in the state general fund.
As added by P.L.380-1987(ss), SEC.6.
Last modified: May 28, 2006