Section 6-9-48-10 - Use of tax revenue Amounts received by the capital improvement board under this chapter may be used by the capital improvement board only for the following purposes:
(1) The acquisition, construction, improvement, maintenance, or financing of: (A) a convention center that is constructed after June 30, 2018;(B) a facility that is used or will be used principally for: (i) convention or tourism related events; or(ii) the arts; that is constructed after June 30, 2018; or
(C) wayfinding improvements made after June 30, 2018, that assist individuals in locating and following or discovering a route through and to a given location, including kiosks, indoor maps, and building directories.(2) To pay the principal and interest on bonds issued to finance a purpose described in subdivision (1).Added by P.L. 212-2018SP1,SEC. 30, eff. 5/14/2018.