Indiana Code 6-9-38-16. Repeal; conditions

Sec. 16. (a) If no bonds, leases, obligations, or other evidences of indebtedness of a unit that are payable from a food and beverage tax imposed under this chapter are outstanding, the unit’s fiscal body may adopt an ordinance to repeal the unit’s food and beverage tax.

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Terms Used In Indiana Code 6-9-38-16

beverage: includes an alcoholic beverage. See Indiana Code 6-9-38-3
bonds: has the meaning set forth in IC 5-1-11-1. See Indiana Code 6-9-38-4
department: means the department of state revenue. See Indiana Code 6-9-38-5
food: includes any food product. See Indiana Code 6-9-38-7
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
Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5

(b) An ordinance described in subsection (a) must be adopted after January 1 but before September 1 of a year. The fiscal body shall send a certified copy of the ordinance adopted under this section to the department.

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

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