Section 7.1-4-7-5 - Deposit of excise taxes in general fund The department shall deposit:
(1) four cents ($0.04) of the beer excise tax rate collected on each gallon of beer or flavored malt beverage;(2) one dollar ($1) of the liquor excise tax rate collected on each gallon of liquor;(3) twenty-five cents ($0.25) of the wine excise tax rate collected on each gallon of wine;(4) the entire amount of malt excise tax collected; and(5) the entire amount of hard cider excise tax collected; daily with the treasurer of state and not later than the fifth day of the following month shall cover them into the general fund of the state for distribution as provided in this chapter.
Pre-1973 Recodification Citation: 7-1-1-41(a), (b), (c), (d), (f).
Amended by P.L. 165-2021,SEC. 125, eff. 7/1/2021.(Formerly: Acts1973 , P.L. 55, SEC.1; Acts1973 , P.L. 56, SEC.26.) As amended by P.L. 102-1989, SEC.4; P.L. 72-1996, SEC.18; P.L. 119-1998, SEC.25.