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Indiana Code Title 5. State and Local Administration § 5-1-17.5-43

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Sec. 43. The office of management and budget shall in 2023 do the following:

(1) Conduct a review of:

(A) the structures and improvement that have been financed and constructed under this chapter;

(B) the amount of:

(i) the gross retail incremental amounts and income tax incremental amounts remitted for purposes of IC 4-10-23;  and

(ii) the motorsports admissions fees that have been remitted under IC 6-8-14;

(C) the amount and terms of outstanding debt issued by the authority under this chapter;  and

(D) the status, economic impact, and viability of the qualified motorsports facility.

(2) Before November 1, 2023, submit a copy of the review conducted under subdivision (1) to the budget committee and to the legislative council in an electronic format under IC 5-14-6.

Cite this article: - Indiana Code Title 5. State and Local Administration § 5-1-17.5-43 - last updated June 08, 2021 |

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