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2017 Indiana Code
TITLE 6. Taxation
ARTICLE 3.5. LOCAL TAXATION
CHAPTER 10. Municipal Motor Vehicle License Excise Surtax
6-3.5-10-10. Surtax fund; use
Universal Citation: IN Code § 6-3.5-10-10 (2017)
IC 6-3.5-10-10 Surtax fund; use
Sec. 10. (a) The fiscal officer of an adopting municipality shall deposit the surtax revenues in a fund to be known as the "municipal surtax fund".
(b) An adopting municipality may use the surtax revenues that the adopting municipality receives under this section:
(1) to construct, reconstruct, repair, or maintain streets and roads under the adopting municipality's jurisdiction; or
(2) for the county's, city's, or town's contribution to obtain a grant from the local road and bridge matching grant fund under IC 8-23-30.
As added by P.L.146-2016, SEC.11.
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