{\rtf1\ansi\ansicpg1252\deff0
{\fonttbl
\f0\froman\fcharset0 Times;
\f1\fswiss\fcharset0 Helvetica;
\f2\fmodern\fcharset0 Courier;
\f3\ftech\fcharset2 Symbol;
\f4\fnil\fcharset0 Times new roman;
}
{\colortbl
;
\red127\green255\blue212;
\red0\green0\blue0;
\red0\green0\blue255;
\red255\green0\blue255;
\red190\green190\blue190;
\red0\green255\blue0;
\red50\green205\blue50;
\red176\green48\blue96;
\red0\green0\blue128;
\red85\green107\blue47;
\red160\green32\blue240;
\red255\green0\blue0;
\red192\green192\blue192;
\red0\green128\blue128;
\red255\green255\blue255;
\red255\green255\blue0;
}
{\info
{\*\userprops
{\propname creator}\proptype30
{\staticval XMLmind FO Converter}
}
}
\facingp\margmirror\fet0\ftnbj
\sectd
\pghsxn15840\pgwsxn12240
\margtsxn1440\margbsxn1440\marglsxn1800\margrsxn1800
\margmirsxn
\pgnrestart\pgnstarts1\pgndec
{\headerr
\pard\plain\f0\fs57
\par
\trowd\trleft0
\clvertalt
\cellx3600
\clvertalt
\cellx8640
\clvertalt
\cellx12240
\pard\intbl\li1800\sl250
{\plain\f4\fs21\cf2
IAC 10/17/12
}
\cell
\pard\intbl\qc\sl250
{\plain\f4\fs21\cf2
Revenue[701]
}
\cell
\pard\intbl\qr\ri1800\sl250
{\plain\f4\fs21\cf2
Ch
}
{\plain\f4\fs21\cf2
, p.
}
{\plain\f4\fs21\cf2
\chpgn
}
\cell
\row
}
{\headerl
\pard\plain\f0\fs57
\par
\trowd\trleft0
\clvertalt
\cellx3600
\clvertalt
\cellx8640
\clvertalt
\cellx12240
\pard\intbl\li1800\sl250
{\plain\f4\fs21\cf2
Ch
}
{\plain\f4\fs21\cf2
, p.
}
{\plain\f4\fs21\cf2
\chpgn
}
\cell
\pard\intbl\qc\sl250
{\plain\f4\fs21\cf2
Revenue[701]
}
\cell
\pard\intbl\qr\ri1800\sl250
{\plain\f4\fs21\cf2
IAC 10/17/12
}
\cell
\row
}
{\footerr
}
{\footerl
}
\pard\keepn\sb57\qc\sl250
{\plain\f4\fs21\cf2
CHAPTER 235
}
\par
\pard\qc\sl250
{\plain\f4\fs21\cf2
REBATE OF IOWA SALES TAX PAID
}
\par
\pard\sb210\qj\sl250
{\plain\f4\fs21\b\cf2\ulc2
701—235.1
}
{\plain\f4\fs21\b\cf2\ulc2
(423) Sanctioned automobile racetrack facilities.
}
{\plain\f4\fs21\cf2\ulc2
Effective July 1, 2005, qualifying rebates of Iowa state sales tax may be made to the owner or operator of a sanctioned automobile racetrack facility as defined in this rule for sales occurring on or after January 1, 2006, and ending June 30, 2016. This rebate program should be viewed as a pilot project as a means to increase tourism in the state. Qualifying rebates are for state sales tax only. Local option taxes are not subject to rebate under this program.
}
\par
\pard\keepn\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(1)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Definitions.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
For the purpose of this program, prior to July 1, 2009, the following definitions apply:
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Automobile racetrack facility”\~
}
{\plain\f4\fs21\cf2\ulc2
means a sanctioned automobile racetrack facility located as part of a racetrack and entertainment complex, including any museum attached to or included in the racetrack facility, but excluding any restaurant, and which facility is located, on a maximum of 232 acres, in a city with a population of at least 14,500 but not more than 16,500 residents, which city is located in a county with a population of at least 35,000 but not more than 40,000 residents, and where the construction on the racetrack facility commenced not later than one year following July 1, 2005, and the cost of the construction upon completion was at least $35 million.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Change of control”\~
}
{\plain\f4\fs21\cf2\ulc2
means any of the following:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
1.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Any change in the ownership of the original or any subsequent legal entity that is the owner or operator of the automobile racetrack facility such that at least 60 percent of the equity interests in the legal entity cease to be owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
2.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The original owners of the legal entity that is the owner or operator of the automobile racetrack facility shall collectively cease to own more than 50 percent of the voting equity interests of such legal entity or shall otherwise cease to have effective control of such legal entity.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Iowa corporation”\~
}
{\plain\f4\fs21\cf2\ulc2
means a corporation incorporated under the laws of Iowa where at least 60 percent of the corporation’s equity interests are owned by individuals who are residents of Iowa.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Owner or operator”\~
}
{\plain\f4\fs21\cf2\ulc2
means a for-profit legal entity where at least 60 percent of its equity interests are owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both and that is the owner or operator of an automobile racetrack facility and is primarily a promoter of motor vehicle races.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Population”\~
}
{\plain\f4\fs21\cf2\ulc2
means the population based upon the 2000 certified federal census.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
For the purpose of this program, on and after July 1, 2009, the following definitions apply:
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Automobile racetrack facility”\~
}
{\plain\f4\fs21\cf2\ulc2
means a sanctioned automobile racetrack facility located as part of a racetrack and entertainment complex, including any museum attached to or included in the racetrack facility, but excluding any restaurant, and which facility is located, on a maximum of 232 acres, in a city with a population of at least 14,500 but not more than 16,500 residents, which city is located in a county with a population of at least 35,000 but not more than 40,000 residents, and where the construction on the racetrack facility commenced not later than one year following July 1, 2005, and the cost of the construction upon completion was at least $35 million.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Change of control”\~
}
{\plain\f4\fs21\cf2\ulc2
means any of the following:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
1.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Any change in the ownership of the original or any subsequent legal entity that is the owner or operator of the automobile racetrack facility such that less than 25 percent of the equity interests in the legal entity is owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
2.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The original owners of the legal entity that is the owner or operator of the automobile racetrack facility shall collectively cease to own at least 25 percent of the voting equity interests of such legal entity.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Iowa corporation”\~
}
{\plain\f4\fs21\cf2\ulc2
means a corporation incorporated under the laws of Iowa where at least 25 percent of the corporation’s equity interests are owned by individuals who are residents of Iowa.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Owner or operator”\~
}
{\plain\f4\fs21\cf2\ulc2
means a for-profit legal entity where at least 25 percent of its equity interests are owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both and that is the owner or operator of an automobile racetrack facility and is primarily a promoter of motor vehicle races.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Population”\~
}
{\plain\f4\fs21\cf2\ulc2
means the population based upon the 2000 certified federal census.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(2)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Affidavit by owner or operator.
}
{\plain\f4\fs21\cf2\ulc2
The owner or operator of an automobile racetrack facility seeking a rebate of sales tax imposed and collected by retailers upon sales of any goods, wares, merchandise, or services furnished to purchasers at the automobile racetrack facility must file with the department the following affidavit certifying that qualifications for the rebate have been met:
}
\par
\pard\plain\f0\fs21
\par
\trowd\trleft0
\clpadft3\clpadt80
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalt
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx7200
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
Iowa Department of Revenue
}
\par
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
Sales Tax Rebate Affidavit
}
\cell
\row
\trowd\trleft0
\clpadft3\clpadt80
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx2700
\clpadft3\clpadt80
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx3400
\clpadft3\clpadt80
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx7200
\pard\intbl\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
NAME OF AFFIANT
}
\par
\pard\intbl\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
ADDRESS OF AFFIANT
}
\cell
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs72\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs72\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs72\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs72\cf2\ulc2
*
}
\cell
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
AFFIDAVIT FOR SANCTIONED AUTOMOBILE RACETRACK FACILITY
}
\cell
\row
\pard\sb210\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
The undersigned duly swears that the named Automobile Racetrack Facility complies with criteria to be entitled to rebate of sales tax as required in Iowa Code section 423.4 as follows:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The facility is sanctioned as an automobile racetrack facility;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned automobile racetrack facility is located as part of a racetrack and entertainment complex, including any museum attached to or included in the sanctioned automobile racetrack facility, but excluding any restaurant;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned automobile racetrack facility has not and will not receive any grants under the community attraction and tourism program pursuant to Iowa Code chapter 15F, subchapter II, or the vision Iowa program pursuant to Iowa Code chapter 15F, subchapter III;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
d.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned automobile racetrack facility is located on a maximum of 232 acres of Iowa land;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
e.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned automobile racetrack facility is located in a city with a population, as defined by this rule, of at least 14,500, but not more than 16,500;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
f.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The city in which the sanctioned automobile racetrack facility is located is in a county with a population, as defined by this rule, of at least 35,000, but no more than 40,000;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
g.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Construction of the sanctioned automobile racetrack facility was commenced on or before July 1, 2006;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
h.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Cost of construction of the automobile racetrack facility upon completion is at least $35 million; and
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
i.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
There has not been a “change of control” as defined in the rules governing this program regarding the legal ownership or operation of the automobile racetrack facility.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
The undersigned duly swears that he or she is the owner or operator of the sanctioned automobile racetrack facility or that the undersigned is the authorized representative of the sanctioned automobile racetrack facility and has the authority to sign this document. The undersigned swears that he or she has personal knowledge regarding the facts contained in this affidavit and that the statements set forth in this affidavit are true and accurate and that the sanctioned automobile racetrack facility has met all of the requirements as contained herein.
}
\par
\pard\qj\sl250\tx108
{\plain\f4\fs21\cf2\ulc2
________________________________________________________________
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
________________
}
\par
\pard\qj\sl250\tx5400
{\plain\f4\fs21\cf2\ulc2
Name of Affiant
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Date
}
\par
\pard\qj\sl250
{\plain\f4\fs21\cf2\ulc2
Position of Affiant
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(3)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Notification to the department of revenue.
}
{\plain\f4\fs21\cf2\ulc2
The owner or operator of the automobile racetrack facility will provide the department with the identity of all retailers at the automobile racetrack facility that will be collecting sales tax and are required to keep the information current. The owner or operator of the automobile racetrack facility will notify the department within ten days of the termination of a retailer from collecting sales tax at the racetrack facility. In addition, the owner or operator of the automobile racetrack facility will notify the department within ten days of the start-up of a retailer collecting sales tax at the automobile racetrack facility.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(4)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Limitations.
}
{\plain\f4\fs21\cf2\ulc2
The automobile racetrack facility rebate program applies only to transactions that occur on or after January 1, 2006, but before January 1, 2016, and for which sales tax was collected. Only the state sales tax is subject to rebate. The rebate is limited to 5 percent. Local option taxes paid and collected are not subject to rebate. Rebates of sales taxes to an automobile racetrack facility are not authorized for transactions that occur on or after the date of the change of control of the automobile racetrack facility.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(5)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Termination of rebate program.
}
{\plain\f4\fs21\cf2\ulc2
The rebate program for automobile racetrack facilities is a pilot program that terminates on the earliest of the following dates:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
June 30, 2016; or
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Thirty days following the date on which $12,500,000 in total rebates have been provided; or
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Thirty days following the date of the change of control of the automobile racetrack facility.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(6)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Sourcing of sales.
}
{\plain\f4\fs21\cf2\ulc2
Advance ticket and admissions sales shall be considered occurring at the automobile racetrack facility regardless of where the transactions actually occur. Consequently, the state sales tax and any applicable local option tax in effect for the jurisdiction in which the automobile racetrack facility is located must be imposed.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
Other types of sales eligible for rebate under this program include, but are not limited to, sales by vendors and sales at concessions, gift shops, and museums. However, sales by a restaurant on facility land are not subject to rebate.
}
\par
\pard\keepn\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.1(7)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Requirements to obtain a rebate of state sales tax by the racetrack facility.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The rebate request must be submitted to the department on the authorized department form;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The rebate request form must be filed with the department in a timely manner, with the filing requirement being quarterly; and
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
All the information requested on the rebate request form must be completed.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
This rule is intended to implement Iowa Code section 423.4(5).
}
\par
\pard\keep\sl180
{\plain\f4\fs16\cf2
[
}
{\plain\f4\fs16\b\cf2
ARC 9434B
}
{\plain\f4\fs16\cf2
, IAB 3/23/11, effective 4/27/11]
}
\par
\pard\sb210\qj\sl250
{\plain\f4\fs21\b\cf2\ulc2
701—235.2
}
{\plain\f4\fs21\b\cf2\ulc2
(423) Sanctioned baseball and softball tournament facility and movie site.
}
{\plain\f4\fs21\cf2\ulc2
Effective July 1, 2012, qualifying rebates of Iowa state sales tax may be made to the owner or operator of a sanctioned baseball and softball tournament facility and movie site as defined in this rule for sales occurring on or after January 1, 2014, and ending January 1, 2024. Qualifying rebates are for state sales tax only. Local option taxes are not subject to rebate under this program.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(1)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Definitions.
}
{\plain\f4\fs21\cf2\ulc2
For the purpose of this program the following definitions apply:
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Change of control”\~
}
{\plain\f4\fs21\cf2\ulc2
means any of the following:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
1.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Any change in the ownership of the original or any subsequent legal entity that is the owner or operator of the baseball and softball tournament facility and movie site such that more than 51 percent of the equity interests in the legal entity cease to be owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
2.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The original owners of the legal entity that is the owner or operator of the baseball and softball tournament facility and movie site shall collectively cease to own more than 50 percent of the voting equity interests of such legal entity or shall otherwise cease to have effective control of such legal entity.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Department”\~
}
{\plain\f4\fs21\cf2\ulc2
means the department of revenue.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Iowa corporation”\~
}
{\plain\f4\fs21\cf2\ulc2
means a corporation incorporated under the laws of Iowa where at least 51 percent of the corporation’s equity interests are owned by individuals who are residents of Iowa.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Owner or operator”\~
}
{\plain\f4\fs21\cf2\ulc2
means a for-profit legal entity where at least 51 percent of its equity interests are owned by individuals who are residents of Iowa, an Iowa corporation, or combination of both and that is the owner or operator of a baseball and softball tournament facility and movie site and is primarily a promoter of baseball and softball tournaments.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Population”\~
}
{\plain\f4\fs21\cf2\ulc2
means the population based upon the 2010 certified federal census.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\i\cf2\ulc2
“Sanctioned baseball and softball tournament facility and movie site”\~
}
{\plain\f4\fs21\cf2\ulc2
or
}
{\plain\f4\fs21\i\cf2\ulc2
“facility”\~
}
{\plain\f4\fs21\cf2\ulc2
means a baseball and softball tournament complex and tourist destination, which facility is located on a maximum of 279 acres, located inside or within three miles of the city limits of a city with a population of at least 4,000 but not more than 5,500 residents, which city is located in a county with a population of at least 93,000 but not more than 100,000 residents and where the construction on the baseball and softball tournament facility commenced not later than one year following July 1, 2013, and the cost of the construction upon completion was at least $38 million.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(2)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Affidavit by owner or operator.
}
{\plain\f4\fs21\cf2\ulc2
The owner or operator of a baseball and softball tournament facility and movie site seeking a rebate of sales tax imposed and collected by retailers upon sales of any goods, wares, merchandise, admission tickets, or services furnished to purchasers at the facility must file with the department the following affidavit certifying that qualifications for the rebate have been met:
}
\par
\pard\plain\f0\fs21
\par
\trowd\trleft0
\clpadft3\clpadt80
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalt
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx8613
\clvertalt
\cellx8641
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
Iowa Department of Revenue
}
\par
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
Sales Tax Rebate Affidavit
}
\cell
\pard\intbl
\cell
\row
\trowd\trleft0
\clvmgf
\clpadft3\clpadt80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx2432
\clvmgf
\clpadft3\clpadt80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx5175
\clvmgf
\clpadft3\clpadt80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx8613
\clvertalt
\cellx8641
\pard\intbl\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
NAME OF AFFIANT
}
\par
\pard\intbl\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
ADDRESS OF AFFIANT
}
\cell
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs21\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs21\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs21\cf2\ulc2
*
}
\par
\pard\intbl\li80\ri80\fi340\sl230
{\plain\f4\fs21\cf2\ulc2
*
}
\cell
\pard\intbl\qc\li80\ri80\sl230
{\plain\f4\fs21\cf2\ulc2
AFFIDAVIT FOR SANCTIONED BASEBALL AND SOFTBALL TOURNAMENT FACILITY AND MOVIE SITE
}
\cell
\pard\intbl
\cell
\row
\trowd\trleft0
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx2432
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx5175
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx8613
\clvertalt
\cellx8641
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\row
\trowd\trleft0
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx2432
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx5175
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx8613
\clvertalt
\cellx8641
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\row
\trowd\trleft0
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx2432
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx5175
\clvmrg
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\cellx8613
\clvertalt
\cellx8641
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\row
\trowd\trleft0
\clvmrg
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx2432
\clvmrg
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx5175
\clvmrg
\clpadfb3\clpadb80
\clpadfl3\clpadl80
\clpadfr3\clpadr80
\clvertalc
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx8613
\clvertalt
\clbrdrb\brdrs\brdrw10\brdrcf2\cellx8641
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\pard\intbl
\cell
\row
\pard\sb210\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
The undersigned duly swears that the named Baseball and Softball Tournament Facility and Movie Site complies with criteria to be entitled to rebate of sales tax as required in Iowa Code section 423.4 as follows:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
1.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The facility is sanctioned as a baseball and softball tournament facility and movie site;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
2.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned baseball and softball tournament facility and movie site is located on a maximum of 279 acres of Iowa land;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
3.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned baseball and softball tournament facility and movie site is located in a city with a population, as defined by the rules governing this program, of at least 4,000 but not more than 5,500 residents;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
4.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The city in which the sanctioned baseball and softball tournament facility and movie site is located is in a county with a population, as defined by the rules governing this program, of at least 93,000 but not more than 100,000 residents;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
5.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Construction of the sanctioned baseball and softball tournament facility and movie site was commenced on or before July 1, 2013;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
6.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Cost of construction of the sanctioned baseball and softball tournament facility and movie site upon completion is at least $38 million; and
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
7.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
There has not been a “change of control” as defined in the rules governing this program regarding the legal ownership or operation of the baseball and softball tournament facility and movie site.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
The undersigned duly swears that he or she is the owner or operator of the sanctioned baseball and softball tournament facility and movie site or that the undersigned is the authorized representative of the sanctioned baseball and softball tournament facility and movie site and has the authority to sign this document. The undersigned swears that he or she has personal knowledge regarding the facts contained in this affidavit and that the statements set forth in this affidavit are true and accurate and that the sanctioned baseball and softball tournament facility and movie site has met all of the requirements as contained herein.
}
\par
\pard\qj\sl250\tx108
{\plain\f4\fs21\cf2\ulc2
________________________________________________________________
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
________________
}
\par
\pard\qj\sl250\tx5400
{\plain\f4\fs21\cf2\ulc2
Name of Affiant
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Date
}
\par
\pard\qj\sl250
{\plain\f4\fs21\cf2\ulc2
Position of Affiant
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(3)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Notification to the department of revenue.
}
{\plain\f4\fs21\cf2\ulc2
The owner or operator of the sanctioned baseball and softball tournament facility and movie site shall provide the department with the identity of all retailers at the facility that will be collecting sales tax and shall keep the information current. The owner or operator of the facility shall notify the department within ten days of the termination of a retailer from collecting sales tax at the facility. In addition, the owner or operator of the facility shall notify the department within ten days of the start-up of a retailer collecting sales tax at the facility.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(4)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Limitations.
}
{\plain\f4\fs21\cf2\ulc2
The sanctioned baseball and softball tournament facility and movie site rebate program applies only to transactions that occur on or after January 1, 2014, but before January 1, 2024, and for which sales tax was collected. Only the state sales tax is subject to rebate. The rebate is limited to the Iowa sales tax rate. Local option taxes paid and collected are not subject to rebate. Rebates of sales taxes to a facility are not authorized for transactions that occur on or after the date of the change of control of the facility. The amount of sales tax revenues transferred from the general fund to the baseball and softball tournament facility and movie site fund is that portion of sales tax receipts remaining in the general fund after the department transfers, in the order prescribed:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Local option sales taxes to those taxing jurisdictions imposing local option taxes;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
If the sales tax rate is increased to greater than 6 percent, an amount of sales tax equal to the amount generated by the increase in the tax rate—limited to 3/8 of 1 percent of the sales tax rate that exceeds 6 percent—to the natural resources and outdoor recreation trust fund; and
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
One-sixth of the remaining sales tax revenues to the secure an advanced vision for education fund.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(5)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Termination of rebate program.
}
{\plain\f4\fs21\cf2\ulc2
The rebate program for the sanctioned baseball and softball tournament facility and movie site terminates on the earliest of the following dates:
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
January 1, 2024; or
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Thirty days following the date on which $16.5 million in total rebates have been provided; or
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
Thirty days following the date of the change of control of the facility.
}
\par
\pard\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(6)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Sourcing of sales.
}
{\plain\f4\fs21\cf2\ulc2
Advance ticket and admissions sales shall be considered occurring at the sanctioned baseball and softball tournament facility and movie site regardless of where the transactions actually occur. Consequently, the state sales tax and any applicable local option tax in effect for the jurisdiction in which the facility is located must be imposed on the purchase price of advance ticket and admissions sales.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
Other types of sales eligible for rebate under this program include, but are not limited to, sales by vendors and sales at concessions, gift shops, and museums.
}
\par
\pard\keepn\qj\sl250\tx340
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\b\cf2\ulc2
235.2(7)
}
{\plain\f4\fs21\cf2\ulc2
}
{\plain\f4\fs21\i\cf2\ulc2
Requirements to obtain a rebate of state sales tax by the sanctioned baseball and softball tournament facility and movie site.
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
a.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The rebate request must be submitted to the department on the authorized department form;
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
b.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
The rebate request form must be filed quarterly with the department and in a timely manner; and
}
\par
\pard\qj\sl250\tx340\tx680
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\i\cf2\ulc2
c.
}
{\plain\f4\fs21\cf2\ulc2
\tab
}
{\plain\f4\fs21\cf2\ulc2
All the information requested on the rebate request form must be completed.
}
\par
\pard\qj\fi340\sl250
{\plain\f4\fs21\cf2\ulc2
This rule is intended to implement 2011 Iowa Code Supplement sections 423.2(11) and 423.4 as amended by 2012 Iowa Acts, Senate File 2329.
}
\par
\pard\keep\sl180
{\plain\f4\fs16\cf2
[
}
{\plain\f4\fs16\b\cf2
ARC 0402C
}
{\plain\f4\fs16\cf2
, IAB 10/17/12, effective 11/21/12]
}
\par
\pard\qc\sl250
{\plain\f4\fs21\cf2
[Filed 2/24/06, Notice 1/18/06—published 3/15/06, effective 4/19/06]
}
\par
\pard\qc\sl250
{\plain\f4\fs21\cf2
[Filed ARC 9434B (Notice ARC 9339B, IAB 1/26/11), IAB 3/23/11, effective 4/27/11]
}
\par
\pard\qc\sl250
{\plain\f4\fs21\cf2
[Filed ARC 0402C (Notice ARC 0295C, IAB 8/22/12), IAB 10/17/12, effective 11/21/12]
}
\par
\pard\sect
}