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§ 20-40-19-2 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 20 - Education/
  5. Article 40 - Government Funds and Accounts/
  6. Chapter 19 - School Corporation Referendum Controlled Project Tax Levy Fund20-40-19-1. Fund Created for Voter Approved Projects/
  7. § 20-40-19-2
Indiana Legal Code

§ 20-40-19-2

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The referendum controlled project tax levy fund shall be used to deposit the following:(1) Revenue from the school corporation's property tax levy that is imposed as a result of being approved by the voters in a referendum of a controlled project for the school corporation under IC 6-1.1-20.(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:(A) Financial institutions excise tax (IC 6-5.5).(B) Motor vehicle excise taxes (IC 6-6-5).(C) Commercial vehicle excise taxes (IC 6-6-5.5).(D) Boat excise tax (IC 6-6-11).(E) Aircraft license excise tax (IC 6-6-6.5).(3) Allocations of local income taxes to the school corporation under IC 6-3.6, if any.As added by P.L.244-2017, SEC.87.