The referendum controlled project tax levy fund shall be used to deposit the following:
- (1) Revenue from the school corporation's property tax levy that is imposed as a result of being approved by the voters in a referendum of a controlled project for the school corporation under IC 6-1.1-20 .
(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:
- (A) Financial institutions excise tax ( IC 6-5.5 ).
- (B) Motor vehicle excise taxes ( IC 6-6-5 ).
- (C) Commercial vehicle excise taxes ( IC 6-6-5.5 ).
- (D) Boat excise tax ( IC 6-6-11 ).
- (E) Aircraft license excise tax ( IC 6-6-6.5 ).
- (3) Allocations of local income taxes to the school corporation under IC 6-3.6 , if any.
As added by P.L.244-2017, SEC.87.