{"data":{"id":"us-in/ic-6-3.6-11-5.5-version-a","jurisdiction":"us-in","citation":"IC 6-3.6-11-5.5 (Version a)","heading":"Lake County; rail project; additional revenue allocated for economic development","body":"Sec. 5.5. (a) This section applies to Lake County for purposes of categorizations, allocations, and distributions of additional revenue that is allocated each year for economic development purposes under IC 6-3.6-6-9 and of certified shares under IC 6-3.6-6. Additional revenue that is allocated each year for economic development purposes by a civil taxing unit listed in IC 6-3.6-9-5(d) must first be used to provide funding for a rail project (as defined in IC 36-7.5-1-13.5).\n(b) Before the state comptroller may make a certified distribution of additional revenue allocated for economic development purposes under IC 6-3.6-6-9, the state comptroller shall withhold the total amount determined by the department of local government finance under IC 6-3.6-9-5(d) from the certified distribution allocated to economic development. The amount withheld by the state comptroller under this section shall be paid to the secretary-treasurer of the northwest Indiana regional development authority (IC 36-7.5) before a certified distribution allocated to economic development is made to the county and before the county auditor may otherwise allocate or distribute tax revenue under this article.","path":["TITLE 6. TAXATION","ARTICLE 3.6. LOCAL INCOME TAXES","Chapter 11. Supplemental Allocation and Distribution Requirements"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.6-11-5.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"276711562d72db4931128a1ae9e84741c4b9d2150ad49cb52b5af7b5aae68081","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.6-11-5","next":"us-in/ic-6-3.6-11-5.5-version-b"},"notice":"GroundRules: Original legal text. Not legal advice."}