RACING FEES SET BY AND PAID TO THE STATE
(January 1, 2013)

OCCUPATIONAL LICENSE FEES (99D.7)

Establish fees for the occupational licenses. The fees shall be paid to the commission.

BREAKAGE (99D.12 and 99D.22)

A sum equal to twelve percent of the purse won by an Iowa-foaled horse or Iowa-whelped dog shall be used to promote the horse and dog breeding industries.  The twelve percent shall be withheld by the licensee from the breakage and shall be paid at the end of the race meeting to the state department of agriculture and land stewardship which in turn shall deposit it in a special fund to be known as the Iowa horse and dog breeders fund. The department shall pay the amount deposited in the fund that is withheld from the purse won by an Iowa-foaled horse to the breeder of the winning Iowa-foaled horse by December 31 of each calendar year.  The department shall pay the amount deposited in the fund that is withheld from the purse won by an Iowa-whelped dog to the breeder of the winning Iowa-whelped dog by march 31 of the each calendar year. 

The remaining 2% shall be deposited by the Commission into a special fund to be known as the horse racing promotion fund. The Commission each year shall approve a nonprofit organization to use moneys in the fund for research, education, and marketing of horse racing in the state, including public relations and other promotional techniques.

The remaining 2% shall be deposited by the Commission into a special fund to be known as the dog racing promotion fund. The Commission each year shall approve a nonprofit organization to use moneys in the fund for research, education, and marketing of dog racing in the state, including public relations, and other promotional techniques.

UNCLAIMED WINNINGS (99D.13)

Unclaimed winnings shall be used by the Department of Agriculture and Land Stewardship to administer section 99D.22. The remainder shall be paid over to the Commission to pay all or part of the cost of drug testing at the tracks.

Any remainder paid over to the Commission, less the cost of drug testing, is from unclaimed winnings from licensed dog tracks, the commission shall remit annually five thousand dollars, or an equal portion of that amount, to each licensed dog track to carryout the racing dog adoption program.

To the extent the remainder paid over to the Commission, less the cost of drug testing, is from unclaimed winnings from tracks licensed for dog or horse races, the Commission, on an annual basis, shall remit one-third of the amount to the treasurer of the city in which the racetrack is located, one-third of the amount to the treasurer of the county in which the racetrack is located, and one-third of the amount to the racetrack from which it was forfeited.

Unclaimed winnings shall be turned over to the state 60 days following the close of the season or meet.

DAILY LICENSE FEES FOR TRACK FACILITIES (99D.14)

The licensee shall also pay to the Commission a licensee fee of two hundred dollars for each racing day of each horse-race or dog-race meeting for which a license has been issued.

REGULATORY FEES (99D.14)

A licensee shall pay to the Commission a regulatory fee.  In determining the regulatory fee to be charged, the Commission shall use the amount appropriated to the Commission plus the cost of salaries for no more than two special agents for each racetrack that has not been issued a table games license under chapter 99F or no more than three special agents for each racetrack that has been issued a table games license under chapter 99F, plus any direct and indirect support costs for the agents, for the Division of Criminal Investigation's racetrack activities, as the basis for determining the amount of revenue to be raised from the regulatory fee.

PARI-MUTUEL WAGERING TAX (99D.15)

A tax of six percent is imposed on the gross sum wagered by the pari-mutuel method at each horse race meeting and shall be paid to the Commission within ten days after the close of each horse race meeting. However, the tax credit is equal to six percent of the gross sum wagered in a year when the gross sum wagered is less than ninety million dollars.

A tax of six percent is imposed on the gross sum wagered by the pari-mutuel method at each track licensed for dog races and shall be paid to the Commission within ten days after the close of each track's racing season.

- Six percent, if the gross sum wagered in the racing season is fifty-five million dollars or more.

- Five percent, if the gross sum wagered in the racing season is thirty million dollars or more but less than fifty-five million dollars.

- Four percent, if the gross sum wagered in the racing season is less than thirty million dollars.

This tax shall be distributed as follows: one-half of one percent of the gross sum wagered shall be remitted to the treasurer of the city in which the racetrack is located, one-half of one percent of the gross sum wagered shall be remitted to the treasurer of the county in which the racetrack is located, one-half of one percent of the gross sum wagered shall be deposited into the gambling treatment fund created in section 135.150, and the remaining shall be deposited in the general fund.

A tax of two percent is imposed on the gross sum wagered by the pari-mutuel method on horse races and dog races which are simultaneously telecast and shall be distributed as follows:  one-half of one percent of the gross sum wagered shall be remitted to the treasurer of the city in which the racetrack is located, one-half of one percent of the gross sum wagered shall be remitted to the treasurer of the county in which the racetrack is located and one percent shall be deposited in the general fund.

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