Ind. Code § 22-11-14-13

Current through P.L. 171-2024

Section 22-11-14-13 - Rate of public safety fee in a retail unitary transaction of fireworks

(a) The public safety fee is measured by the gross retail income received by a retail merchant in a retail unitary transaction of fireworks and is imposed at the following rates:

PUBLIC SAFETY FEE	GROSS RETAIL INCOME FROM THE TRANSACTION RETAIL UNITARY
$ 0	less than	$ 0.10
$ 0.01	at least $ 0.10	but less than	$ 0.30
$ 0.02	at least $ 0.30	but less than	$ 0.50
$ 0.03	at least $ 0.50	but less than	$ 0.70
$ 0.04	at least $ 0.70	but less than	$ 0.90
$ 0.05	at least $ 0.90	but less than	$ 1.10

On a retail unitary transaction in which the gross retail income received by the retail merchant is one dollar and ten cents ($1.10) or more, the public safety fee is five percent (5%) of that gross retail income.

(b) If the public safety fee computed under subsection (a) results in a fraction of one-half cent ($0.005) or more, the amount of the public safety fee shall be rounded to the next additional cent.

IC 22-11-14-13

As added by P.L. 187-2006, SEC.13.