House File 616 - Introduced



                                      HOUSE FILE       
                                      BY  COMMITTEE ON ECONOMIC GROWTH

                                      (SUCCESSOR TO HF 235)


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to moneys appropriated to the department of
  2    economic development for regional tourism marketing purposes.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1961HV 82
  5 tm/es/88

PAG LIN



  1  1    Section 1.  Section 99F.11, subsection 3, paragraph e,
  1  2 subparagraph (2), as enacted by 2006 Iowa Acts, chapter 1151,
  1  3 section 6, is amended to read as follows:
  1  4    (2)  One=half of the moneys remaining after the
  1  5 appropriation in subparagraph (1) is appropriated to the
  1  6 community development division of the department of economic
  1  7 development for the purposes of regional tourism marketing.
  1  8 The moneys appropriated in this subparagraph shall be
  1  9 disbursed to the department in quarterly allotments.  However,
  1 10 none of the moneys appropriated under this subparagraph shall
  1 11 be used for administrative purposes.
  1 12                           EXPLANATION
  1 13    This bill relates to moneys appropriated to the department
  1 14 of economic development for regional tourism marketing
  1 15 purposes.
  1 16    In 2006, Code section 99F.11, subsection 3, concerning the
  1 17 distribution of gambling tax revenues from gambling games at
  1 18 excursion gambling boats and racetracks, was amended effective
  1 19 July 1, 2007.  The Act provided that eight=tenths of 1 percent
  1 20 of the tax revenues are deposited in the county endowment fund
  1 21 and the remaining amount of the 1 percent amount, less
  1 22 $520,000, is split evenly, with half appropriated to the
  1 23 community development division of the department of economic
  1 24 development for regional tourism marketing, and half
  1 25 appropriated to the state general fund.
  1 26    The bill provides that the appropriations to the department
  1 27 of economic development are to be disbursed to the department
  1 28 in quarterly allotments.
  1 29 LSB 1961HV 82
  1 30 tm:rj/es/88