Deposit of excise tax revenue distributions received by taxing units

Effective 1-1-2027. Sec. 10. A taxing unit may deposit distributions of excise tax revenue received in a settlement under this chapter that was collected from a tax imposed under: (1) IC 6-6-5; (2) IC 6-6-5.1; (3) IC 6-6-6.5; (4) IC 6-6-9; (5) IC 6-6-11; (6) IC 6-6-15; or (7) IC 6-6-16; into any fund maintained by the taxing unit, and may use the distributions for any purpose allowed by law. As added by P.L.157-2026, SEC.88.