S.F. 475 Section 1. Section 123.17, Code 2021, is amended by adding 1 the following new subsection: 2 NEW SUBSECTION . 6A. After any transfers provided for in 3 subsections 3, 5, and 6, and before any other transfer to the 4 general fund, the department of commerce shall transfer to the 5 economic development authority from the beer and liquor control 6 fund seven million dollars annually for a statewide tourism 7 marketing campaign established pursuant to section 15.108, 8 subsection 5. 9 Sec. 2. TRANSFER OF FUNDS —— TOURISM. Of the moneys 10 transferred to the economic development authority by the 11 department of commerce pursuant to section 123.17, subsection 12 6A, as enacted by this Act, for the fiscal year beginning July 13 1, 2021, and ending June 30, 2022, the authority shall utilize 14 two million dollars, or so much thereof as is necessary, for 15 the purpose of providing funding to a statewide nonprofit 16 organization whose sole purpose is to market and support 17 tourism efforts in rural and urban Iowa to leverage private and 18 public partnerships. 19 EXPLANATION 20 The inclusion of this explanation does not constitute agreement with 21 the explanation’s substance by the members of the general assembly. 22 This bill requires the department of commerce to transfer 23 to the economic development authority from the beer and 24 liquor control fund $7 million annually for a statewide 25 tourism marketing campaign. The transfer occurs after certain 26 specified transfers from the fund and before other specified 27 transfers. 28 The bill requires the authority to utilize $2 million of 29 the moneys transferred pursuant to the bill in fiscal year 30 2021-2022, or so much thereof as is necessary, to provide 31 funding to a statewide nonprofit organization whose sole 32 purpose is to market and support tourism efforts in rural and 33 urban Iowa to leverage private and public partnerships. 34 -1- LSB 1386SV (2) 89 je/rn 1/ 1