Indiana § 4-31-9-9 - Taxation of satellite facility wagers; distribution
Full text of Indiana Indiana Code § 4-31-9-9 — Taxation of satellite facility wagers; distribution, with citation guidance and answers to common questions.
§ 4-31-9-9. Taxation of satellite facility wagers; distribution
Sec. 9. (a) Before January 15 and July 15 of each year, each permit holder that operates satellite facilities shall forward to the state comptroller an amount equal to one-half of one percent (0.5%) of the total amount of money wagered at that permit holder's satellite facilities during the six (6) month period ending on the last day of the preceding month. The state comptroller shall distribute amounts received under this section as follows:
(1) Fifty percent (50%) of the amounts received shall be deposited in the livestock industry promotion and development fund established by IC 15-11-5-4.
(2) Fifty percent (50%) of the amounts received shall be distributed to the state fair commission for use in any activity that the commission is authorized to carry out under IC 15-13-3.
(b) Payments required by this section shall be made from amounts withheld by the permit holder under section 1 of this chapter.
As added by P.L.24-1992, SEC.32. Amended by P.L.2-2008, SEC.19; P.L.9-2024, SEC.107.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-31-9-9
What does Indiana Code § 4-31-9-9 cover?
Section 4-31-9-9 ("Taxation of satellite facility wagers; 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 § 4-31-9-9?
A common citation format is "Indiana Code § 4-31-9-9" (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 § 4-31-9-9 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.