{"data":{"id":"us-in/ic-6-9-76-6","jurisdiction":"us-in","citation":"IC 6-9-76-6","heading":"Tourism capital fund","body":"Sec. 6. (a) If the county fiscal body adopts an ordinance to increase the tax rate to a rate that exceeds five percent (5%), the county treasurer shall establish a tourism capital fund. The county treasurer shall deposit in the tourism capital fund the amount of money received under section 3 of this chapter attributable to a tax rate that exceeds five percent (5%).\n(b) The county auditor shall issue a warrant directing the county treasurer to transfer money from the tourism capital fund to the commission's treasurer if the commission submits a written request for the transfer.\n(c) Money deposited in the tourism capital fund shall be transferred or expended only as provided in this section and may be used as follows:\n(1) To fund a riverfront park and festival grounds.\n(2) Economic development and tourism related purposes.\n(3) The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in subdivisions (1) and (2).","path":["TITLE 6. TAXATION","ARTICLE 9. INNKEEPER'S TAXES; OTHER LOCAL TAXES","Chapter 76. Switzerland County Innkeeper's Tax"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-9-76-6","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"bc808682da0789dd031919c96fc8f9acb3c888a49305d05002537b59afe8d109","source_id":"us-in","stale":false,"prev":"us-in/ic-6-9-76-5","next":"us-in/ic-6-9-76-7"},"notice":"GroundRules: Original legal text. Not legal advice."}