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:

(1) the amount determined under section 11 of this chapter; and

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Terms Used In Indiana Code 4-10-23-12

(2) the amount reverted to the state general fund from the motorsports facility fund established under IC 5-1-17.5-30.5;

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.