Indiana Code 6-9-38-22. Use of revenue

Sec. 22. A unit may use revenues from a tax imposed under this chapter for one (1) or more of the following purposes:

(1) To promote and encourage conventions, visitors, and tourism within the unit.

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bonds: has the meaning set forth in IC 5-1-11-1. See Indiana Code 6-9-38-4
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
obligations: has the meaning set forth in IC 5-1-3-1(2). See Indiana Code 6-9-38-9
unit: means :
Indiana Code 6-9-38-12

(2) To promote and encourage economic development within the unit.

(3) Paying debt service or lease rentals on:

(A) bonds;

(B) leases;

(D) any other evidence of indebtedness of the unit;

for a project described in subdivisions (1) and (2).

As added by P.L.214-2005, SEC.47.