1. (a) A fee of twenty-five cents ($0.25) is imposed on the sale of the following:

   1. (1) Each new tire that is sold at retail.
   2. (2) Each new tire mounted on a new vehicle sold at retail.
2. (b) The person that sells the new tire or vehicle at retail to the ultimate consumer of the tire or vehicle shall collect the fee imposed by this section.

3. (c) A person that collects a fee under subsection (b):

   1. (1) shall pay the fees collected under subsection (b):

      1. (A) to the department of state revenue; and
      2. (B) at the same time and in the same manner that the person pays the state gross retail tax collected by the person to the department of state revenue;

   2. (2) shall indicate on the return:

      1. (A) prescribed by the department of state revenue; and

      2. (B) used for the payment of state gross retail taxes;

         that the person is also paying fees collected under subsection (b); and

   3. (3) is entitled to deduct and retain one percent (1%) of the fees required to be paid to the department of state revenue under this subsection.

4. (d) The department of state revenue shall deposit fees collected under this section in the waste tire management fund established by this chapter.

   [Pre-1996 Recodification Citation: 13-7-23-10.3(b), (c), (d), (e).]

As added by P.L.1-1996, SEC.10.