Sec. 7. (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.] IC 36-9-14.5 Chapter 14.5. County Cumulative Capital Development Fund 36-9-14.5-1 Application of chapter 36-9-14.5-2 Authorization of fund; purpose 36-9-14.5-3 Repealed 36-9-14.5-4 Repealed 36-9-14.5-5 Repealed 36-9-14.5-6 Tax levy; rate of tax 36-9-14.5-7 Repealed 36-9-14.5-8 Cumulative capital development fund; transfer between funds; expenditures
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