99F.10 - REGULATORY FEE -- LOCAL FEES -- INITIAL LICENSE FEE.
99F.10 REGULATORY FEE -- LOCAL FEES -- INITIAL
LICENSE FEE.
1. A qualified sponsoring organization conducting gambling games
on an excursion gambling boat or gambling structure licensed under
section 99F.7 shall pay the tax imposed by section 99F.11.
2. An excursion gambling boat or gambling structure licensee
shall pay to the commission a regulatory fee to be charged as
provided in this section.
3. Subject to approval of excursion gambling boat docking by the
voters, a city may adopt, by ordinance, an admission fee not
exceeding fifty cents for each person embarking on an excursion
gambling boat docked within the city, or a county may adopt, by
ordinance, an admission fee not exceeding fifty cents for each person
embarking on an excursion gambling boat docked outside the boundaries
of a city. The admission revenue received by a city or a county
shall be credited to the city general fund or county general fund as
applicable.
4. In determining the license fees and state regulatory fees to
be charged as provided under section 99F.4 and this section, the
commission shall use as the basis for determining the amount of
revenue to be raised from the license fees and regulatory fees the
amount appropriated to the commission plus the cost of salaries for
no more than two special agents for each excursion gambling boat or
gambling structure and no more than four gaming enforcement officers
for each excursion gambling boat or gambling structure with a patron
capacity of less than two thousand persons or no more than five
gaming enforcement officers for each excursion gambling boat or
gambling structure with a patron capacity of at least two thousand
persons, plus any direct and indirect support costs for the agents
and officers, for the division of criminal investigation's excursion
gambling boat or gambling structure activities.
5. No other license tax, permit tax, occupation tax, excursion
fee, or taxes on fees shall be levied, assessed, or collected from a
licensee by the state or by a political subdivision, except as
provided in this chapter.
6. No other excise tax shall be levied, assessed, or collected
from the licensee relating to gambling excursions or admission
charges by the state or by a political subdivision, except as
provided in this chapter.
7. In addition to any other fees required by this chapter, a
person awarded a new license to conduct gambling games pursuant to
section 99F.7 on or after January 1, 2004, shall pay the applicable
initial license fee to the commission as provided by this subsection.
A person awarded a new license shall pay one-fifth of the applicable
initial license fee immediately upon the granting of the license,
one-fifth of the applicable initial license fee within one year of
the granting of the license, one-fifth of the applicable initial
license fee within two years of the granting of the license,
one-fifth of the applicable initial license fee within three years of
the granting of the license, and the remaining one-fifth of the
applicable initial license fee within four years of the granting of
the license. However, the license fee provided for in this
subsection shall not apply when a licensed facility is sold and a new
license is issued to the purchaser. Fees paid pursuant to this
subsection are not refundable to the licensee. For purposes of this
subsection, the applicable initial license fee shall be five million
dollars if the population of the county where the licensee shall
conduct gambling games is fifteen thousand or less based upon the
most recent federal decennial census, shall be ten million dollars if
the population of the county where the licensee shall conduct
gambling games is more than fifteen thousand and less than one
hundred thousand based upon the most recent federal decennial census,
and shall be twenty million dollars if the population of the county
where the licensee shall conduct gambling games is one hundred
thousand or more based upon the most recent federal decennial census.
Moneys collected by the commission from an initial license fee paid
under this subsection shall be deposited in the rebuild Iowa
infrastructure fund created in section 8.57. Section History: Recent Form
89 Acts, ch 67, §10; 91 Acts, ch 267, §605; 95 Acts, ch 207, §22;
2000 Acts, ch 1229, §18; 2004 Acts, ch 1136, §49; 2005 Acts, ch 48,
§1; 2007 Acts, ch 188, §14
Referred to in § 99F.4A