House Amendment 8105


PAG LIN




     1  1    Amend House File 2302 as follows:
     1  2 #1.  Page 16, by inserting after line 12 the
     1  3 following:
     1  4    <Sec.    .  NEW SECTION.  99F.4B  COUNTY
     1  5 DISTRIBUTION OF REVENUES.
     1  6    If a county receives a portion of revenues from
     1  7 gambling games from a licensee of a racetrack
     1  8 enclosure that conducts gambling games, the county
     1  9 shall distribute to each city in the county an amount
     1 10 equal to ten percent of the annual payment to be made
     1 11 at the end of each fiscal year to the owner of the
     1 12 facility by the lessee of the facility, to be
     1 13 distributed to the cities based upon the proportion of
     1 14 the total actual value of all tax=exempt property in
     1 15 the county which is located within cities in the
     1 16 county.  The distribution to each city in the county
     1 17 shall be determined by the county assessor by
     1 18 multiplying the total amount to be paid by the owner
     1 19 of the facility to all cities in the county by the
     1 20 percentage of the value of tax=exempt property located
     1 21 in each city as a proportion of the total actual value
     1 22 of all tax=exempt property located in all cities in
     1 23 the county>.
     1 24 #2.  Page 18, line 20, by inserting after the
     1 25 figure <2004> the following:  <and less an amount
     1 26 equal to ten percent of the annual payment to be made
     1 27 at the end of each fiscal year to the owner of the
     1 28 facility by the lessee of the facility>.
     1 29 #3.  By renumbering as necessary.
     1 30
     1 31
     1 32                               
     1 33 PETERSEN of Polk
     1 34
     1 35
     1 36                               
     1 37 OLDSON of Polk
     1 38
     1 39
     1 40                               
     1 41 FALLON of Polk
     1 42 HF 2302.225 80
     1 43 ec/sh
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