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Ind. Code § 7.1-4-8-1

Deposit of excise taxes in fund

Formerly: Acts 1973, P.L.55, SEC.1; Acts 1973, P.L.56, SEC.27

Sec. 1. The department shall:

(1) deposit daily with the treasurer of state:

(A) three and three-fourths cents (3 3/4¢) of the beer excise tax rate collected on each gallon of beer or flavored malt beverage;

(B) one dollar and seventeen cents ($1.17) of the liquor excise tax rate collected on each gallon of liquor; and

(C) sixteen cents (16¢) of the wine excise tax rate collected on each gallon of wine; and

(2) not later than the fifth day of the following month, transfer the deposits under subdivision (1) into the state construction fund.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.