Sec. 16. With respect to obligations of the capital improvement board described in section 12(a) of this chapter and bonds, leases, or other obligations for which a pledge has been made under section 14 of this chapter, the general assembly covenants with the holders of these obligations that: (1) this chapter will not be repealed or amended in any manner that will adversely affect the imposition or collection of the tax imposed under this chapter; and (2) this chapter will not be amended in any manner that will change the purpose for which revenues from the tax imposed under this chapter may be used; as long as the payment of any of those obligations is outstanding. IC 6-9-36 Chapter 36. Lake County and Porter County Food and Beverage Tax 6-9-36-1 Application of chapter 6-9-36-2 Application of definitions 6-9-36-3 Imposition of tax; rescission of tax; ordinances; transmission of ordinance to state 6-9-36-4 Transactions taxed 6-9-36-5 Transactions taxed 6-9-36-6 Transactions exempt 6-9-36-7 Collection and payment; returns 6-9-36-8 Distribution of revenue 6-9-36-9 Expiration of chapter
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