Title 6, TAXATION

Sec. 3. (a) The fiscal body of the adopting body may adopt an ordinance to impose an excise tax, known as a food and beverage tax, on transactions described in section 4 of this chapter. The fiscal body of the adopting body may adopt an ordinance under this subsection only after …

Sec. 4. (a) Except as provided in subsection (c), a tax imposed under section 3 of this chapter applies to a transaction in which food or beverage is furnished, prepared, or served: (1) for consumption at a location or on equipment provided by a retail merchant; (2) in the bounda…

Sec. 5. The food and beverage tax rate: (1) must be imposed in an increment of twenty-five hundredths percent (0.25%); and (2) may not exceed one percent (1%); of the gross retail income received by the merchant from the food or beverage transaction described in section 4 of this…

Sec. 6. A tax imposed under this chapter shall be imposed, paid, and collected in the same manner that the state gross retail tax is imposed, paid, and collected under IC 6-2.5. However, the return to be filed with the payment of the tax imposed under this chapter may be made on …

Sec. 7. The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state to the fiscal body of the adopting body upon warrants issued by the state comptroller. As added by P.L.157-2026, SEC.199.

Sec. 8. (a) If a tax is imposed under section 3 of this chapter by the adopting body, the fiscal body of the adopting body shall establish a food and beverage tax receipts fund. (b) The fiscal body of the adopting body shall deposit in the fund all amounts received under this cha…

Sec. 9. Money in the food and beverage tax receipts fund must be used by the adopting body only for the following purposes: (1) For economic development purposes, including the pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations for economic development purp…