- (a) If a performing arts center admissions tax is imposed under this chapter, the county legislative body shall establish a county performing arts center admissions tax fund.
- (b) The county treasurer shall deposit money received under section 7 of this chapter in the county performing arts center admissions tax fund.
- (c) Money earned from the investment of money in the fund becomes a part of the fund.
(d) Money in the fund may be used by the county only with regard to the indoor performing arts center and only for the following:
- (1) Retiring debt related to the indoor performing arts center.
- (2) Paying lease rentals related to the indoor performing arts center.
- (3) Paying for costs to improve or construct infrastructure serving the indoor performing arts center.
- (4) Paying for costs related to capital repairs and maintenance of the indoor performing arts center.
As added by P.L.290-2019, SEC.11.