8-25-8-3. Foundation Established; Purpose
Sec. 3. The board shall establish a foundation that is organized as a nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code to solicit and accept private funding, gifts, donations, bequests, devises, and contributions to meet the requirements of IC 8-25-3-6(a). As added by P.L.153-2014, SEC.17.
8-25-6-11. Repealed
As added by P.L.153-2014, SEC.17. Repealed by P.L.197-2016, SEC.99.
8-25-8-4. Use of Money Collected by Foundation
Sec. 4. A foundation established under section 3 of this chapter: (1) shall use money received under section 3 of this chapter to: (A) fund in part a public transportation project authorized under this article as required by IC 8-25-3-6(a); and (B) carry out the purposes and programs of the foundation under this chapter; and […]
8-25-6-12. Additional Tax Rate Applies Only on the County Local Taxpayers Who Reside in the Township That Opts In
Sec. 12. A tax rate imposed under this chapter applies only to the local taxpayers who reside in a township in which the voters approve a local public question held under this chapter. As added by P.L.153-2014, SEC.17. Amended by P.L.197-2016, SEC.100.
8-25-6-13. Alternative Funding Requirements Apply
Sec. 13. IC 8-25-3-6 applies to a public transportation project authorized under this chapter in a township. As added by P.L.153-2014, SEC.17.
8-25-6-14. Bonds Payable From Tax Revenue Collected From County Local Taxpayers Who Reside in the Township That Opts In
Sec. 14. Bonds issued with respect to a public transportation project in the township must be paid from tax revenue collected from local taxpayers who reside in the township. As added by P.L.153-2014, SEC.17. Amended by P.L.197-2016, SEC.101.
8-25-6-15. Minimum Fare Box Requirements Apply
Sec. 15. IC 36-9-2-2(b) and IC 36-9-2-2(c) apply to a public transportation project authorized under this chapter in a township. As added by P.L.153-2014, SEC.17.
8-25-7-1. Applicability
Sec. 1. This chapter applies to Marion County. As added by P.L.153-2014, SEC.17.
8-25-7-2. “Board”
Sec. 2. As used in this chapter, “board” refers to the board of a public transportation corporation providing public transportation services in Marion County. As added by P.L.153-2014, SEC.17.
8-25-7-3. Establishment of Foundation; Purposes
Sec. 3. The board shall establish a foundation that is organized as a nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code to solicit and accept private funding, gifts, donations, bequests, devises, and contributions to meet the requirements of IC 8-25-3-6(a). As added by P.L.153-2014, SEC.17.