IC 6-3.6-9-1 — Budget agency accounting for each county; undistributed amounts
Chapter 9. Distribution of Revenue
Bills amending this section
Section text
Sec. 1. (a) The budget agency shall maintain an accounting for each county imposing a tax based on annual returns filed by or for county taxpayers. Any undistributed amounts so accounted for shall be held in reserve for the respective counties separate from the state general fund. (b) Undistributed amounts shall be invested by the treasurer of state and the income earned shall be credited to the counties based on each county's undistributed amount.
As added by P.L.243-2015, SEC.10. Amended by P.L.126-2016, SEC.1; P.L.165-2021, SEC.93.
Source: official publisher (2026 edition)