Revenues; deposit; auto rental excise tax account; distribution of
funds to county treasurers; distribution among taxing units of
counties; warrants
Sec. 11. (a) All revenues collected from the auto rental excise tax
shall be deposited in a special account of the state general fund
called the auto rental excise tax account.
(b) On or before May 20 and November 20 of each year, all
amounts held in the auto rental excise tax account shall be distributed
to the county treasurers of Indiana.
(c) The amount to be distributed to a county treasurer equals that
part of the total auto rental excise taxes being distributed that were
initially imposed and collected from within that treasurer's county.
The department shall notify each county auditor of the amount of
taxes to be distributed to the county treasurer. At the same time each
distribution is made to a county treasurer, the department shall
certify to the county auditor each taxing district within the county
where auto rental excise taxes were collected and the amount of the
county distribution that was collected with respect to each taxing
district.
(d) The county treasurer shall deposit auto rental excise tax
collections into a separate account for settlement at the same time as
property taxes are accounted for and settled in June and December
of each year.
(e) The county auditor shall apportion and the county treasurer
shall distribute the auto rental excise taxes among the taxing units of
the county in the same manner that property taxes are apportioned
and distributed with respect to property located in the taxing district
where the auto rental excise tax was initially imposed and collected.
The auto rental excise taxes distributed to a taxing unit shall be
allocated among the taxing unit's funds in the same proportions that
the taxing unit's property tax collections are allocated among those
funds.
(f) Taxing units of a county may request and receive advances of
auto rental excise tax revenues in the manner provided under
IC 5-13-6-3.
(g) All distributions from the auto rental excise tax account shall
be made by warrants issued by the auditor of state to the treasurer of
state ordering those payments to the appropriate county treasurer.
As added by P.L.19-1986, SEC.18. Amended by P.L.19-1987,
SEC.19.
Last modified: May 28, 2006