Sec. 1. As used in this chapter, “complex” refers to a youth sports complex that: (1) has: (A) a multipurpose outdoor stadium with at least four thousand (4,000) seats; (B) indoor sports facilities; and (C) fields for baseball, soccer, softball, and lacrosse; and (2) is located in a geographic area that has been annexed by […]
Sec. 10. With respect to: (1) bonds, leases, or other obligations to which the city has pledged revenues under this chapter; and (2) bonds issued by a lessor that are payable from lease rentals; the general assembly covenants with the city and the purchasers or owners of the bonds or other obligations described in this […]
Sec. 2. (a) Except as provided in subsection (b), after June 30 of a year but before January 1 of the following year, a city fiscal body may adopt an ordinance to impose an excise tax, known as the youth sports complex admissions tax, for the privilege of attending an event at a complex. (b) […]
Sec. 3. (a) As used in this section, “paid admission” refers to the price paid by each person who pays a price for admission to any event described in section 2(a) of this chapter. The term does not refer to persons who are entitled to be at an event without having paid a price for […]
Sec. 4. If the city fiscal body adopts an ordinance under section 2 of this chapter, it shall immediately send a certified copy of the ordinance to the city fiscal officer. As added by P.L.182-2009(ss), SEC.262.
Sec. 5. (a) Each person who pays a price for admission to an event described in section 2(a) of this chapter is liable for the tax imposed under this chapter. (b) The person who collects the price for admission to the complex shall also collect the admissions tax at the same time the price for […]
Sec. 6. A person who collects the admissions tax under section 5 of this chapter shall remit the tax collections to the city fiscal officer. The person shall remit the revenues collected during a particular month before the twentieth day of the following month. At the time the tax revenues are remitted, the person shall […]
Sec. 7. (a) If a tax is imposed under this chapter, the city fiscal body shall establish a city admissions tax fund. (b) The city fiscal officer shall deposit money received under section 6 of this chapter in the city admissions tax fund. (c) Money earned from the investment of money in the city admissions […]
Sec. 8. (a) The city may: (1) use revenues from the tax collected under this chapter to pay all or part of the costs associated with the improvements described in section 7(d) of this chapter; (2) issue bonds, enter into leases, or incur other obligations to pay any costs associated with the improvements described in […]
Sec. 9. The accounts, books, and records of the complex are subject to financial and compliance audit by the state board of accounts. As added by P.L.182-2009(ss), SEC.262. Amended by P.L.181-2015, SEC.29.
