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

OCCUPATIONAL LICENSE FEES (99F.4)

Identify occupations within the excursion gambling boat operations which require licensing, and to adopt standards for licensing the occupations including establishing fees for the occupational licenses and licenses for qualified sponsoring organizations. The fee shall be paid to the commission and deposited in a special account of the general fund of the state.

ANNUAL LICENSE FEE

Racetracks (99F.4A, subsection 5)

The annual license fee to operate gambling games at a pari-mutuel racetrack shall be one thousand dollars.

Riverboats (99F.5)

The annual license fee to operate an excursion gambling boat shall be based on the passenger carrying capacity including crew, for which the excursion gambling boat is registered. The annual fee shall be five dollars per person capacity.

REGULATORY FEE (99F.10, subsection 2)

An excursion boat licensee shall pay to the Commission a regulatory feeIn determining the regulatory fee, the Commission shall use the amount appropriated to the Commission plus the cost of salaries for no more than two special agents and no more than four gaming enforcement officers for each excursion gambling boat with a patron capacity of less than two thousand persons or no more than five gaming enforcement officers for each excursion gambling boat 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 activities.

INITIAL LICENSE FEE (99F.10, subsection 7)

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. 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. 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.

WAGERING TAX (99F.11)

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, at the rate of ten percent on the next two million dollars of adjusted gross receipts.

The tax rate imposed each fiscal year on any amount of adjusted gross receipt over three million dollars shall be as follows:
  a.  If the licensee is an excursion gambling boat, twenty-two percent.
  b.  If the licensee is a racetrack enclosure conducting gambling games and another licensee that is an excursion gambling boat is located in the same county, then the following rate, as applicable:
  (1)  If the license of the racetrack enclosure has not been issued a table games license during the fiscal year or if the adjusted gross receipts from gambling games of the licensee in the prior fiscal year were less than one hundred million dollars, twenty-two percent.
  (2)  If the licensee of the racetrack enclosure has been issued a table games license during the fiscal year or prior fiscal year and the adjusted gross receipts from gambling games of the licensee in the prior fiscal year were one hundred million dollars or more, twenty-two percent on adjusted gross receipts received prior to the operational date and twenty-four percent on adjusted gross receipts received on or after the operational date.  For purposes of this subparagraph, the operational date is the date the Commission determines table games became operational at the racetrack enclosure.
  c.  If the licensee is a racetrack enclosure conducting gambling games and no licensee that is an excursion gambling boat is located in the same county, twenty-four percent.

The wagering tax shall be distributed as follows:
  a.  One-half of one percent of the adjusted gross receipts shall be remitted to the treasurer of the city in which the dock is located.
  b.  One-half of one percent of the adjusted gross receipts shall be remitted to the treasurer of the county in which the dock is located.
  c.  Eight-tenths of one percent of the adjusted gross receipts shall be deposited in the county endowment fund created in section 15E.311.
  d.  Two-tenths of one percent of the adjusted gross receipts shall be deposited in a state miscellaneous fund created in section 15E.305.
  e.  The remaining amount of the adjusted gross receipts tax shall be credited to the general fund of the state.

MANUFACTURERS AND DISTRIBUTORS LICENSES (99F.17)

A manufacturer or distributor of gambling games or implements of gambling shall annually apply for a license upon a form prescribed by the commission before the first day of April in each year and shall submit the appropriate license fee. The license fee for a distributor is one thousand dollars, and the license fee for a manufacturer is two hundred fifty dollars. The license fees shall be credited to the special account.

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