1. (a) Except as provided in subsection (c), a tax is imposed on admissions authorized under this article at a rate of three dollars ($3) for each person admitted. This admission tax is imposed upon the licensed owner. This subsection does not apply to an inland casino. This subsection expires July 1, 2018.
2. (b) A supplemental wagering tax under this section is imposed upon the licensed owner operating a riverboat.

3. (c) This subsection applies to a gaming operation that has relocated from a docked riverboat to an inland casino by December 31, 2017, as described in IC 4-33-6-24 . A supplemental wagering tax is:

   1. (1) imposed and authorized under this article at a rate of three percent (3%) of adjusted gross receipts; and

   2. (2) imposed starting the day operations begin at an inland casino.

      This subsection expires July 1, 2018.

4. (d) Subject to subsection (e), beginning July 1, 2018, a supplemental wagering tax is authorized under this article and shall be calculated as the riverboat's adjusted gross receipts multiplied by a percentage rate of:

   1. (1) the total riverboat admissions tax that the riverboat paid beginning July 1, 2016, and ending June 30, 2017; divided by
   2. (2) the riverboat's adjusted gross receipts beginning July 1, 2016, and ending June 30, 2017.

5. (e) The supplemental wagering tax described in subsection (d):

   1. (1) beginning July 1, 2018, and ending June 30, 2019, may not exceed four percent (4%); and
   2. (2) beginning July 1, 2019, may not exceed three and five-tenths percent (3.5%).

As added by P.L.277-1993(ss), SEC.124. Amended by P.L.192-2002(ss), SEC.21; P.L.92-2003, SEC.49; P.L.233-2007, SEC.15; P.L.96-2010, SEC.2; P.L.268-2017, SEC.25.