Indiana Code 4-10-23-12. Notification of amounts determined; credits against obligations
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Sec. 12. The department of state revenue shall annually notify the Indiana finance authority, the commission, the budget agency, and the owner or owners of a qualified motorsports facility of the sum of:
(2) the amount reverted to the state general fund from the motorsports facility fund established under IC 5-1-17.5-30.5;
(1) the amount determined under section 11 of this chapter; and
Terms Used In Indiana Code 4-10-23-12
- commission: refers to the Indiana motorsports commission created under Indiana Code 4-10-23-2
- qualified motorsports facility: has the meaning set forth in Indiana Code 4-10-23-9
which sum shall be credited to the obligations of the owner or owners of a qualified motorsports facility in accordance with the provisions of IC 5-1-17.5.
As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.7.