Indiana § 6-9-53-5 - Distribution
Full text of Indiana Indiana Code § 6-9-53-5 — Distribution, with citation guidance and answers to common questions.
§ 6-9-53-5. Distribution
Sec. 5. The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state upon warrants issued by the state comptroller as follows:
(1) If the tax rate imposed under section 3 of this chapter is:
(A) five percent (5%) or less; or
(B) during the period that an increase under section 3(c) of this chapter is in effect, seven percent (7%) or less;
all amounts received from the tax shall be paid to the county treasurer.
(2) If the tax rate imposed under section 3 of this chapter is more than five percent (5%), or, during the period that an increase under section 3(c) of this chapter is in effect, more than seven percent (7%), amounts received from the tax shall be allocated and paid as follows:
(A) The amount received from the tax as a result of a five percent (5%) rate, or, during the period that an increase under section 3(c) of this chapter is in effect, as a result of a seven percent (7%) rate, shall be allocated and paid to the county treasurer.
(B) The amount received from the tax that exceeds the amount under clause (A) shall be allocated and paid to the Grouseland Foundation, Inc.
As added by P.L.290-2019, SEC.16. Amended by P.L.9-2024, SEC.265; P.L.121-2024, SEC.4; P.L.137-2024, SEC.18.
Frequently Asked Questions About Indiana § 6-9-53-5
What does Indiana Code § 6-9-53-5 cover?
Section 6-9-53-5 ("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 § 6-9-53-5?
A common citation format is "Indiana Code § 6-9-53-5" (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 § 6-9-53-5 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.