(b) Except as provided in subsection (d), and subject to subsection (c), the amount of supplemental wagering tax imposed for a particular day is determined by multiplying the riverboat's adjusted gross receipts for that day by the quotient of:(1) the total riverboat admissions tax that the riverboat's licensed owner paid beginning July 1, 2016, and ending June 30, 2017; divided by(2) the riverboat's adjusted gross receipts beginning July 1, 2016, and ending June 30, 2017.(c) The quotient used under subsection (b) to determine the supplemental wagering tax liability of a licensed owner subject to subsection (b) may not exceed the following when expressed as a percentage:(1) Four percent (4%) before July 1, 2019.(2) Three and five-tenths percent (3.5%) after June 30, 2019.(d) The supplemental wagering tax liability of a licensed owner operating an inland casino in Vigo County is equal to two and nine-tenths percent (2.9%) of the riverboat's adjusted gross receipts for the day.As added by P.L.212-2018(ss), SEC.5. f a licensed owner operating an inland casino in Vigo County is equal to two and nine-tenths percent (2.9%) of the riverboat's adjusted gross receipts for the day.As added by P.L.212-2018(ss), SEC.5. Amended by P.L.293-2019, SEC.24.
Indiana Legal Code