Allocation of revenue
Sec. 2. (a) The revenue received by the county treasurer under this
chapter shall be allocated to the Lake County convention and visitor
bureau, Indiana University-Northwest, Purdue University-Calumet,
municipal public safety departments, municipal physical and
economic development divisions, and the cities and towns in the
county as provided in this section. Subsections (b) through (g) do not
apply to the distribution of revenue received under section 1 of this
chapter from hotels, motels, inns, tourist camps, tourist cabins, and
other lodgings or accommodations built or refurbished after June 30,
1993, that are located in the largest city of the county.
(b) The Lake County convention and visitor bureau shall establish
a convention, tourism, and visitor promotion fund (referred to in this
chapter as the "promotion fund"). The county treasurer shall transfer
to the Lake County convention and visitor bureau for deposit in the
promotion fund thirty-five percent (35%) of the first one million two
hundred thousand dollars ($1,200,000) of revenue received from the
tax imposed under this chapter in each year. The promotion fund
consists of:
(1) money in the promotion fund on June 30, 2005;
(2) revenue deposited in the promotion fund under this
subsection after June 30, 2005; and
(3) investment income earned on the promotion fund's assets.
Money in the promotion fund may be expended only to promote and
encourage conventions, trade shows, special events, recreation, and
visitors within the county. Money may be paid from the promotion
fund by claim in the same manner as municipalities may pay claims
under IC 5-11-10-1.6.
(c) This subsection applies to the first one million two hundred
thousand dollars ($1,200,000) of revenue received from the tax
imposed under this chapter in each year. During each year, the
county treasurer shall transfer to Indiana University-Northwest
forty-four and thirty-three hundredths percent (44.33%) of the
revenue received under this chapter for that year to be used as
follows:
(1) Seventy-five percent (75%) of the revenue received under
this subsection may be used only for the university's medical
education programs.
(2) Twenty-five percent (25%) of the revenue received under
this subsection may be used only for the university's allied
health education programs.
The amount for each year shall be transferred in four (4)
approximately equal quarterly installments.
(d) This subsection applies to the first one million two hundred
thousand dollars ($1,200,000) of revenue received from the tax
imposed under this chapter in each year. During each year, the
county treasurer shall allocate among the cities and towns throughout
the county nine percent (9%) of the revenue received under this
chapter for that year. The amount of each city's or town's allocation
is as follows:
(1) Ten percent (10%) of the revenue covered by this subsection
shall be transferred to cities having a population of more than
ninety thousand (90,000) but less than one hundred five
thousand (105,000).
(2) Ten percent (10%) of the revenue covered by this subsection
shall be transferred to cities having a population of more than
seventy-five thousand (75,000) but less than ninety thousand
(90,000).
(3) Ten percent (10%) of the revenue covered by this subsection
shall be transferred to cities having a population of more than
thirty-two thousand (32,000) but less than thirty-two thousand
eight hundred (32,800).
(4) Five percent (5%) of the revenue covered by this subsection
shall be transferred to each town and each city not receiving a
transfer under subdivisions (1) through (3).
The money transferred under this subsection may be used only for
economic development projects. The county treasurer shall make the
transfers on or before December 1 of each year.
(e) This subsection applies to the first one million two hundred
thousand dollars ($1,200,000) of revenue received from the tax
imposed under this chapter in each year. During each year, the
county treasurer shall transfer to Purdue University-Calumet nine
percent (9%) of the revenue received under this chapter for that year.
The money received by Purdue University-Calumet may be used by
the university only for nursing education programs.
(f) This subsection applies to the first one million two hundred
thousand dollars ($1,200,000) of revenue received from the tax
imposed under this chapter in each year. During each year, the
county treasurer shall transfer two and sixty-seven hundredths
percent (2.67%) of the revenue received under this chapter for that
year to the following cities:
(1) Fifty percent (50%) of the revenue covered by this
subsection shall be transferred to cities having a population of
more than ninety thousand (90,000) but less than one hundred
five thousand (105,000).
(2) Fifty percent (50%) of the revenue covered by this
subsection shall be transferred to cities having a population of
more than seventy-five thousand (75,000) but less than ninety
thousand (90,000).
Money transferred under this subsection may be used only for
convention facilities located within the city. In addition, the money
may be used only for facility marketing, sales, and public relations
programs. Money transferred under this subsection may not be used
for salaries, facility operating costs, or capital expenditures related
to the convention facilities. The county treasurer shall make the
transfers on or before December 1 of each year.
(g) This subsection applies to the revenue received from the tax
imposed under this chapter in each year that exceeds one million two
hundred thousand dollars ($1,200,000). During each year, the county
treasurer shall distribute money in the promotion fund as follows:
(1) Eighty-five percent (85%) of the revenue covered by this
subsection shall be deposited in the convention, tourism, and
visitor promotion fund. The money deposited in the fund under
this subdivision may be used only for the purposes for which
other money in the fund may be used.
(2) Five percent (5%) of the revenue covered by this subsection
shall be transferred to Purdue University-Calumet. The money
received by Purdue University-Calumet under this subdivision
may be used by the university only for nursing education
programs.
(3) Five percent (5%) of the revenue covered by this subsection
shall be transferred to Indiana University-Northwest. The
money received by Indiana University-Northwest under this
subdivision may be used only for the university's medical
education programs.
(4) Five percent (5%) of the revenue covered by this subsection
shall be transferred to Indiana University-Northwest. The
money received by Indiana University-Northwest under this
subdivision may be used only for the university's allied health
education programs.
(h) The county treasurer may estimate the amount that will be
received under this chapter for the year to determine the amount to
be transferred under this section.
(i) This subsection applies only to the distribution of revenue
received from the tax imposed under section 1 of this chapter from
hotels, motels, inns, tourist camps, tourist cabins, and other lodgings
or accommodations built or refurbished after June 30, 1993, that are
located in the largest city of the county. During each year, the county
treasurer shall transfer:
(1) seventy-five percent (75%) of the revenues under this
subsection to the department of public safety; and
(2) twenty-five percent (25%) of the revenues under this
subsection to the division of physical and economic
development;
of the largest city of the county.
(j) The Lake County convention and visitor bureau shall assist the
county treasurer, as needed, with the calculation of the amounts that
must be deposited and transferred under this section.
As added by Acts 1982, P.L.67, SEC.2. Amended by P.L.96-1983,
SEC.2; P.L.108-1987, SEC.2; P.L.27-1992, SEC.7;
P.L.277-1993(ss), SEC.130; P.L.102-1995, SEC.1; P.L.68-1996,
SEC.1; P.L.170-2002, SEC.30; P.L.168-2005, SEC.1.
Last modified: May 28, 2006