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68 chapters · 1,088 sections in this title.
Iowa Code § 99F.1 Definitions.
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As used in this chapter unless the context otherwise requires: 1. “Adjusted gross receipts” means the gross receipts on gambling games less winnings paid to wagerers on gambling games and less promotional play receipts on gambling games. However, for each fiscal year during the t…
Iowa Code § 99F.10 Regulatory fee — local fees — initial license fee.
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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…
Iowa Code § 99F.11 Gambling games and sports wagering taxes — rate — allocations.
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1. A tax is imposed on the adjusted gross receipts received each fiscal year from gambling games authorized under this chapter at the rate of five percent on the first one million dollars of adjusted gross receipts and at the rate of ten percent on the next two million dollars of…
Iowa Code § 99F.12 Licensees — records — reports — supervision — confidentiality.
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1. A licensee shall keep its books and records so as to clearly show all of the following: a. The total number of admissions for each day of operation. b. The total amount of money wagered and the adjusted gross receipts for each day of operation. 2. a. The licensee shall furnish…