IC 4-35-8.5
    Chapter 8.5. County Slot Machine Wagering Fee

IC 4-35-8.5-1
County slot machine wagering fee imposed
    Sec. 1. (a) Before the fifteenth day of each month, a licensee thatoffers slot machine wagering under this article shall pay to thecommission a county slot machine wagering fee equal to threepercent (3%) of the adjusted gross receipts received from slotmachine wagering during the previous month at the licensee'sracetrack. However, a licensee is not required to pay more than eightmillion dollars ($8,000,000) of county slot machine wagering feesunder this section in any state fiscal year.
    (b) The commission shall deposit the county slot machinewagering fee received by the commission into a separate accountwithin the state general fund.
As added by P.L.233-2007, SEC.21.

IC 4-35-8.5-2
Distribution of county slot machine wagering fees
    Sec. 2. Before the fifteenth day of each month, the treasurer ofstate shall distribute any county slot machine wagering fees receivedfrom a licensee during the previous month to the county auditor ofthe county in which the licensee's racetrack is located.
As added by P.L.233-2007, SEC.21.

IC 4-35-8.5-3
Allocation of county slot machine wagering fees
    Sec. 3. The auditor of each county receiving a distribution ofcounty slot machine wagering fees under section 2 of this chaptershall distribute the county slot machine wagering fees as follows:
        (1) To each city located in the county according to the ratio thecity's population bears to the total population of the county.
        (2) To each town located in the county according to the ratio thetown's population bears to the total population of the county.
        (3) After the distributions required by subdivisions (1) and (2)are made, the remainder shall be retained by the county.
As added by P.L.233-2007, SEC.21.

IC 4-35-8.5-4
Use of county slot machine wagering fees
    Sec. 4. (a) As used in this section, "political subdivision" meansa county, city, or town.
    (b) Money paid to a political subdivision under this chapter:
        (1) must be paid to the fiscal officer of the political subdivisionand must be deposited in the political subdivision's generalfund;
        (2) may not be used to reduce the political subdivision'smaximum levy under IC 6-1.1 but may be used at the discretionof the political subdivision to reduce the property tax levy of the

political subdivision for a particular year;
        (3) may be used for any purpose specified in this chapter or forany other legal or corporate purpose of the political subdivision,including the pledge of money to bonds, leases, or otherobligations under IC 5-1-14-4; and
        (4) is considered miscellaneous revenue.
As added by P.L.233-2007, SEC.21.