Sec. 1. The department shall:

(1) deposit daily with the treasurer of state:

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Terms Used In Indiana Code 7.1-4-8-1

(A) three and three-fourths cents (3 3/4¢) of the beer excise tax rate collected on each gallon of beer or flavored malt beverage;

(B) one dollar and seventeen cents ($1.17) of the liquor excise tax rate collected on each gallon of liquor; and

(C) sixteen cents (16¢) of the wine excise tax rate collected on each gallon of wine; and

(2) not later than the fifth day of the following month, transfer the deposits under subdivision (1) into the state construction fund.

[Pre-1973 Recodification Citation: 7-2-1-17(c).]

Formerly: Acts 1973, P.L.55, SEC.1; Acts 1973, P.L.56, SEC.27. As amended by P.L.72-1996, SEC.19; P.L.213-2015, SEC.95; P.L.108-2019, SEC.144.