36-7-31-1. Applicability of Chapter
Sec. 1. This chapter applies only to a county having a consolidated city. As added by P.L.255-1997(ss), SEC.19.
Sec. 1. This chapter applies only to a county having a consolidated city. As added by P.L.255-1997(ss), SEC.19.
Sec. 10. (a) A commission may establish as part of a professional sports development area any facility or complex of facilities described in this section. The tax area may include a facility or complex of facilities described in this section and any parcel of land on which the facility or complex of facilities is located. […]
Sec. 11. (a) A tax area must be initially established before July 1, 1999, according to the procedures set forth for the establishment of an economic development area under IC 36-7-15.1. A tax area may be changed (including to the exclusion or inclusion of a facility described in this chapter) or the terms governing the […]
Sec. 12. (a) Upon adoption of a resolution establishing a tax area under section 14 of this chapter, the commission shall submit the resolution to the budget committee for review and recommendation to the budget agency. The budget committee shall meet not later than sixty (60) days after receipt of a resolution and shall make […]
Sec. 13. (a) The budget agency must approve the resolution before covered taxes may be allocated under section 14 or 14.2 of this chapter. (b) When considering a resolution with respect to a tax area change described in section 11(a)(1) of this chapter, the budget committee and the budget agency must make the following findings: […]
Sec. 14. (a) This section does not apply to that part of the tax area in which a facility or complex of facilities described in section 10(b)(3) and 10(c) of this chapter is located. A reference to “tax area” in this section does not include the part of the tax area in which a facility […]
Sec. 14.1. (a) The budget director appointed under IC 4-12-1-3 may determine that, commencing July 1, 2007, and terminating January 1, 2041, there may be captured in the tax area up to eleven million dollars ($11,000,000) per year in addition to the up to five million dollars ($5,000,000) of state revenue to be captured by […]
Sec. 14.2. (a) This section applies to the part of the tax area in which a facility or complex of facilities described in section 10(b)(3) and 10(c) of this chapter is located. A reference to “tax area addition” in this section includes only the part of the tax area in which a facility or complex […]
Sec. 15. (a) When the commission adopts an allocation provision, the commission shall notify the department by certified mail of the adoption of the provision and shall include with the notification a complete list of the following: (1) Employers in the tax area. (2) Street names and the range of street numbers of each street […]
Sec. 16. (a) A professional sports development area fund for the county is established. The fund shall be administered by the department. Money in the fund does not revert to the state general fund at the end of a state fiscal year. (b) A sports and convention facilities operating fund for the county is established. […]
Sec. 17. Covered taxes attributable to a taxing area established under section 14 of this chapter shall be deposited in the professional sports development area fund established by section 16(a) of this chapter for the county. As added by P.L.255-1997(ss), SEC.19. Amended by P.L.182-2009(ss), SEC.416.
Sec. 18. On or before the twentieth day of each month, all amounts held in the professional sports development area fund and in the sports and convention facilities operating fund for the county are appropriated for and shall be distributed to the capital improvement board. As added by P.L.255-1997(ss), SEC.19. Amended by P.L.182-2009(ss), SEC.417.
Sec. 19. The department shall notify the county auditor of the amount of taxes to be distributed to the capital improvement board. As added by P.L.255-1997(ss), SEC.19.
Sec. 2. As used in this chapter, “budget agency” means the budget agency established by IC 4-12-1. As added by P.L.255-1997(ss), SEC.19.
Sec. 20. All distributions from the professional sports development area fund or the sports and convention facilities operating fund for the county shall be made by warrants issued by the auditor of state to the treasurer of state ordering those payments to the capital improvement board. As added by P.L.255-1997(ss), SEC.19. Amended by P.L.182-2009(ss), SEC.418.
Sec. 21. (a) Except as provided in section 14.1 of this chapter, the capital improvement board may use money distributed from the professional sports development area fund established by section 16(a) of this chapter only to construct and equip a capital improvement that is used for a professional sporting event, including the financing or refinancing […]
Sec. 22. The capital improvement board shall repay to the professional sports development area fund or the sports and convention facilities operating fund any amount that is distributed to the capital improvement board and used for: (1) a purpose that is not described in section 21 of this chapter; or (2) a facility or facility […]
Sec. 23. This chapter expires December 31, 2040. As added by P.L.255-1997(ss), SEC.19. Amended by P.L.214-2005, SEC.71.
Sec. 3. As used in this chapter, “budget committee” has the meaning set forth in IC 4-12-1-3. As added by P.L.255-1997(ss), SEC.19.
Sec. 4. As used in this chapter, “capital improvement board” refers to the capital improvement board of managers established by IC 36-10-9-3. As added by P.L.255-1997(ss), SEC.19.