IC 6-8-14-4: Admissions fee imposed; amount

Sec. 4. (a) An admissions fee is imposed on each person charged for admission to a qualified motorsports facility on a race day. The admissions fee equals:

(1) the price of each admission to a qualified motorsports facility; multiplied by

(2) the applicable percentage determined under subsection (b).

(b) The applicable percentage is as follows:

(1) Six percent (6%) on any admissions charge of at least one hundred fifty dollars ($150).

(2) Three percent (3%) on any admissions charge of at least one hundred dollars ($100) but less than one hundred fifty dollars ($150).

(3) Two percent (2%) on any admissions charge of less than one hundred dollars ($100).

(c) The fee imposed under subsection (a) does not apply to any amount charged for parking at a qualified motorsports facility.