Indiana § 4-31-9-5 - Taxation of amount collected for admission charge; distribution
Full text of Indiana Indiana Code § 4-31-9-5 — Taxation of amount collected for admission charge; distribution, with citation guidance and answers to common questions.
§ 4-31-9-5. Taxation of amount collected for admission charge; distribution
Sec. 5. (a) At the close of each day on which pari-mutuel wagering is conducted, each permit holder or satellite facility operator shall pay to the department of state revenue a tax equal to twenty cents ($0.20) for each person who paid an admission charge for the privilege of entering the racetrack grounds or satellite facility on that day. Separate computations shall be made of the number of patrons at each location. If tickets are issued for more than one (1) day, the sum of twenty cents ($0.20) shall be paid for each person using the ticket on each day that it is used.
(b) Before the fifteenth day of each month, the taxes collected under subsection (a) during the preceding month shall be distributed as follows:
(1) Fifty percent (50%) of the taxes shall be distributed in equal shares to the fiscal officers of:
(A) the city, if any;
(B) the town, if any; and
(C) the county;
in which the racetrack is located. The city, town, or county may use this money as general fund operating revenues.
(2) Fifty percent (50%) of the taxes shall be deposited in the state general fund.
(c) The tax imposed by this section is a listed tax for purposes of IC 6-8.1-1.
As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992, SEC.31.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-31-9-5
What does Indiana Code § 4-31-9-5 cover?
Section 4-31-9-5 ("Taxation of amount collected for admission charge; distribution") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 4-31-9-5?
A common citation format is "Indiana Code § 4-31-9-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 4-31-9-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.