4-36-402 - Annexation of approved track locations Designation of taxes.

4-36-402. Annexation of approved track locations Designation of taxes.

If a municipality annexes a track location after its approval by the commission, the commission shall designate the portion of the tax provided for in § 4-36-306(b)(3), to be paid to the municipality and the portion to be paid to the county.

[Acts 1987, ch. 311, § 33.]