Office of management and budget review

Ind. Code § 5-1-17.5-43, under Chapter 17.5. Motorsports Investment District.

Ind. Code § 5-1-17.5-43

Sec. 43. The office of management and budget shall in 2023 do the following: (1) Conduct a review of: (A) the structures and improvement that have been financed and constructed under this chapter; (B) the amount of: (i) the gross retail incremental amounts and income tax incremental amounts remitted for purposes of IC 4-10-23; and (ii) the motorsports admissions fees that have been remitted under IC 6-8-14; (C) the amount and terms of outstanding debt issued by the authority under this chapter; and (D) the status, economic impact, and viability of the qualified motorsports facility. (2) Before November 1, 2023, submit a copy of the review conducted under subdivision (1) to the budget committee and to the legislative council in an electronic format under IC 5-14-6. As added by P.L.233-2013, SEC.5.