Section 36-9-14-7 - Courthouse fund; transfer of funds to nonprofit corporation maintaining or renovating courthouse(a) The tax money collected under this chapter shall be held in a special fund to be known as the courthouse fund.(b) For purposes of this chapter and IC 36-9-14.5, the portion of the property tax levy designated for a courthouse described in section 2(b) of this chapter may be transferred to a nonprofit corporation that has a lease with the county requiring the corporation to maintain or renovate the courthouse. Before appropriated funds may be transferred to a qualified nonprofit corporation, the corporation must submit a plan for the use of the funds to the county fiscal body for its approval. An officer or employee of a corporation who receives funds under this section and knowingly uses the funds for a purpose other than a purpose approved by the fiscal body commits a Level 6 felony.Pre-Local Government Recodification Citation: 17-3-83-3 part.
Amended by P.L. 158-2013, SEC. 680, eff. 7/1/2014.As added by Acts1981 , P.L. 309, SEC.87. Amended by P.L. 199-1988, SEC.2; P.L. 1-1995, SEC.85; P.L. 17-1995, SEC.27.