Trust account; monthly distributions
Ind. Code § 6-3.6-9-12
in effectRevisor's Note: The effective date of this section, as amended by P.L.68-2025, was amended by P.L.157-2026, SEC.290 to 7-1-2028.
Note: This version of section effective 7-1-2028. See also preceding version of this section, effective until 7-1-2028.
Sec. 12. One-twelfth (1/12) of each adopting county's certified distribution for a calendar year shall be distributed:
(1) before January 1, 2029, from its trust account established under this chapter; and
(2) after December 31, 2028, from the state and local income tax holding account established under this chapter;
to the appropriate county treasurer on the first regular business day of each month of that calendar year.
As added by P.L.243-2015, SEC.10. Amended by P.L.68-2025, SEC.166; P.L.157-2026, SEC.144.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026