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§ 4-10-23-12 — Indiana Law | CourtGPT
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  4. Title 4 - State Offices and Administration/
  5. Article 10 - State Funds Generally/
  6. Chapter 23 - Motorsports Investment District Credits4-10-23-1. Application/
  7. § 4-10-23-12
Indiana Legal Code

§ 4-10-23-12

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The department of state revenue shall annually notify the Indiana finance authority, the commission, the budget agency, and the owner or owners of a qualified motorsports facility of the sum of:(1) the amount determined under section 11 of this chapter; and(2) the amount reverted to the state general fund from the motorsports facility fund established under IC 5-1-17.5-30.5;which sum shall be credited to the obligations of the owner or owners of a qualified motorsports facility in accordance with the provisions of IC 5-1-17.5.As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.7.