Current through P.L. 171-2024
Section 6-6-4.1-5 - Disposition of tax revenue(a) The department shall deposit revenue collected under sections 4 and 12 of this chapter in the state highway fund (IC 8-23-9-54).(b) The department shall deposit revenue collected under sections 4.3 and 4.5 of this chapter (before their repeal) as follows:(1) Forty-seven and seventy-five hundredths percent (47.75%) in the state highway fund (IC 8-23-9-54).(2) Forty-seven and seventy-five hundredths percent (47.75%) in the motor vehicle highway account (IC 8-14-1).(3) Four and five-tenths percent (4.5%) in the motor carrier regulation fund administered by the department.(c) The department shall deposit revenue collected under section 13 of this chapter as follows: (1) Thirty-five percent (35%) in the motor vehicle highway account (IC 8-14-1).(2) Sixty-five percent (65%) in the state highway fund (IC 8-23-9-54).Amended by P.L. 185-2018,SEC. 12, eff. 7/1/2018.Amended by P.L. 218-2017,SEC. 51, eff. 7/1/2017.As added by Acts1982 , P.L. 59, SEC.1. Amended by P.L. 59-1985, SEC.18; P.L. 8-1988, SEC.5; P.L. 18-1990, SEC.23.