IC 6-3.6-9-12 (Version b): Trust account; monthly distributions

Sec. 12. One-twelfth (1/12) of each adopting county's certified distribution for a calendar year shall be distributed:

(1) before January 1, 2029, from its trust account established under this chapter; and

(2) after December 31, 2028, from the state and local income tax holding account established under this chapter;

to the appropriate county treasurer on the first regular business day of each month of that calendar year.