{"data":{"id":"us-in/ic-5-33-6.5-9-version-b","jurisdiction":"us-in","citation":"IC 5-33-6.5-9 (Version b)","heading":"Management of money; audit; report","body":"Sec. 9. (a) The Indiana Sports Corporation shall manage the money received from the fund under section 8 of this chapter in accordance with the general laws of the state relating to the handling of public funds.\n(b) The handling and expenditure of funds coming into the possession of the Indiana Sports Corporation is subject to audit and supervision by the state board of accounts.\n(c) The Indiana Sports Corporation shall ensure that not less than twenty percent (20%) of the money received by the Indiana Sports Corporation each biennium is used for events that are conducted outside of Marion County and Lake County. The Indiana Sports Corporation may award grants to other eligible entities as set forth in section 10 of this chapter. The requirement under this subsection may not be met through subsection (d).\n(d) The Indiana Sports Corporation shall ensure that twenty percent (20%) of the money received by the Indiana Sports Corporation each biennium is used for events supported by the northwest Indiana stadium authority under IC 5-1-17.1.\n(e) Indiana Sports Corporation shall annually report to the budget committee on the use of the money received from the fund.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 33. INDIANA DESTINATION DEVELOPMENT CORPORATION","Chapter 6.5. Statewide Sports and Tourism Bid Fund"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-33-6.5-9-b","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"a06820e81726a58940a372df54c08fdf60e23c2dc3adac30faeb95af03df2db4","source_id":"us-in","stale":false,"prev":"us-in/ic-5-33-6.5-9-version-a","next":"us-in/ic-5-33-6.5-10"},"notice":"GroundRules: Original legal text. Not legal advice."}