Auto rental excise tax account; distributions
Sec. 11. (a) All revenues collected from the county supplemental
auto rental excise tax shall be deposited in a special account of the
state general fund called the county supplemental auto rental excise
tax account.
(b) On or before the twentieth day of each month, all amounts
held in the county supplemental auto rental excise tax account shall
be distributed to the capital improvement board of managers
operating in a consolidated city.
(c) The amount to be distributed to the capital improvement board
of managers operating in a consolidated city equals the total county
supplemental auto rental excise taxes that were initially imposed and
collected from within the county in which the consolidated city is
located. The department shall notify the county auditor of the amount
of taxes to be distributed to the board.
(d) All distributions from the county supplemental 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
capital improvement board of managers operating in a consolidated
city.
As added by P.L.256-1997(ss), SEC.1.
Last modified: May 28, 2006