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Senate
File
621
-
Introduced
SENATE
FILE
621
BY
KOELKER
A
BILL
FOR
An
Act
relating
to
economic
development
by
establishing
the
1
Iowa
major
events
and
tourism
program
and
fund,
modifying
2
the
sports
tourism
and
marketing
infrastructure
program,
and
3
making
appropriations.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
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DIVISION
I
1
IOWA
MAJOR
EVENTS
AND
TOURISM
PROGRAM
AND
FUND
2
Section
1.
NEW
SECTION
.
15G.101
Definitions.
3
As
used
in
this
subchapter,
unless
the
context
otherwise
4
requires:
5
1.
“Board”
means
the
same
as
defined
in
section
15.102.
6
2.
“Entity”
means
an
Iowa
nonprofit
organization
established
7
to
promote
economic
development
and
tourism
in
an
area.
8
3.
“Event”
means
a
tourism-oriented
athletic
contest,
9
convention,
music
festival,
or
art
festival.
10
4.
“Financial
assistance”
means
assistance
provided
only
11
from
the
funds,
rights,
and
assets
legally
available
to
the
12
authority
and
includes
but
is
not
limited
to
assistance
in
the
13
form
of
grants.
14
5.
“Fund”
means
the
Iowa
major
events
and
tourism
fund
15
established
in
section
15G.104.
16
6.
“Program”
means
the
Iowa
major
events
and
tourism
program
17
established
in
section
15G.102.
18
Sec.
2.
NEW
SECTION
.
15G.102
Iowa
major
events
and
tourism
19
program
——
purpose.
20
1.
The
authority
shall
establish
and
administer
the
21
Iowa
major
events
and
tourism
program
to
provide
financial
22
assistance
to
eligible
entities
that
support
events
in
this
23
state,
or
support
events
involving
a
geographic
region
that
24
includes
this
state,
and
the
event
generates
large
attendance,
25
significant
publicity,
and
has
a
measurable
economic
impact
on
26
this
state.
27
2.
The
program
shall
be
administered
for
the
purpose
of
28
awarding
financial
assistance
to
an
eligible
entity
for
any
of
29
the
following
purposes:
30
a.
To
pay
for
or
reimburse
the
costs
incurred
by
the
entity
31
to
apply
or
bid
for
selection
as
the
site
for
the
event.
32
b.
To
pay
for
or
reimburse
the
costs
incurred
by
the
entity
33
to
plan
or
to
conduct
the
event,
including
any
fees
charged
by
34
a
site
selection
organization
as
a
prerequisite
to
hosting
the
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event,
including
but
not
limited
to
hosting
fees,
sanctioning
1
fees,
participation
fees,
operational
fees,
or
bid
fees.
2
Sec.
3.
NEW
SECTION
.
15G.103
Program
——
application,
3
review,
eligibility,
and
funding.
4
1.
An
application
for
financial
assistance
under
the
5
program
shall
be
submitted
to
the
authority.
For
each
6
application
that
meets
the
eligibility
criteria
under
7
subsection
2,
the
authority
shall
conduct
a
staff
evaluation
8
of
the
application
and
forward
the
application
and
staff
9
evaluation
to
the
board.
10
2.
a.
The
authority
shall
establish
eligibility
criteria
11
for
the
program
by
rule.
The
eligibility
criteria
must
include
12
all
of
the
following:
13
(1)
The
entity
must
currently
be
involved
in
the
bidding
and
14
selection
process
for
the
event
for
which
the
entity
submits
15
an
application.
16
(2)
The
entity’s
application
under
subsection
1
must
17
include
an
economic
analysis
of
the
event
that
includes
but
is
18
not
limited
to
all
of
the
following:
19
(a)
Projected
hotel
and
motel
room
occupancies
during
the
20
event.
21
(b)
Projected
number
of
event
attendees
from
this
state,
22
other
states,
and
other
countries.
23
b.
Notwithstanding
paragraph
“a”
,
an
entity
shall
be
deemed
24
eligible
for
the
program
if
any
of
the
following
apply:
25
(1)
After
a
highly
competitive
bidding
and
selection
26
process
involving
potential
sites
not
located
in
this
state,
a
27
location
in
Iowa
has
been
selected
for
the
entity’s
event.
28
(2)
This
state
serves
as
the
sole
site
for
the
entity’s
29
event.
30
(3)
The
sole
site
for
the
entity’s
event
is
a
geographical
31
region
that
includes
this
state
and
one
or
more
contiguous
32
states.
33
3.
When
evaluating
an
application,
the
authority
shall
34
consider,
at
a
minimum,
all
of
the
following:
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a.
The
potential
impact
of
the
event
on
the
local,
regional,
1
and
state
economies.
2
b.
The
event’s
potential
to
attract
visitors
from
this
3
state,
other
states,
and
other
countries.
4
c.
The
amount
of
positive
advertising
or
media
coverage
the
5
event
may
generate.
6
d.
The
quality,
size,
and
scope
of
the
event.
7
e.
The
ratio
of
public-to-private
investment
required
for
8
the
event.
9
4.
a.
(1)
Upon
review
of
the
staff
evaluation,
the
board
10
shall
make
the
final
funding
decision
on
each
application
11
and
may
approve,
deny,
defer,
or
modify
each
application,
in
12
the
board’s
discretion,
to
fund
as
many
events
as
possible
13
with
the
moneys
available.
The
board
and
the
authority
may
14
negotiate
with
an
eligible
applicant
regarding
the
details
of
15
the
applicant’s
proposed
event
and
the
amount
and
terms
of
16
any
financial
assistance.
In
making
final
funding
decisions
17
pursuant
to
this
subsection,
the
board
and
the
authority
shall
18
be
exempt
from
chapter
17A.
19
(2)
An
application
and
staff
evaluation
forwarded
to
20
the
board
under
subsection
1
shall
remain
eligible
for
21
consideration
by
the
board
under
subparagraph
(1)
for
up
to
two
22
years
from
the
date
of
receipt
of
the
application
by
the
board.
23
b.
In
order
to
be
awarded
financial
assistance
under
the
24
program,
an
applicant
must
demonstrate
the
ability
to
provide
25
matching
funds
for
the
event
that
equal
at
least
fifty
percent
26
of
the
award
of
financial
assistance.
27
Sec.
4.
NEW
SECTION
.
15G.104
Iowa
major
events
and
tourism
28
fund.
29
1.
a.
The
authority
shall
establish
an
Iowa
major
events
30
and
tourism
fund
pursuant
to
section
15.106A,
subsection
1,
31
paragraph
“o”
,
for
purposes
of
providing
financial
assistance
32
as
described
in
this
subchapter.
The
fund
may
be
administered
33
as
a
revolving
fund
and
shall
consist
of
any
moneys
transferred
34
to
the
fund
and
any
moneys
appropriated
by
the
general
assembly
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for
purposes
of
this
subchapter.
1
b.
(1)
Notwithstanding
section
8.33,
moneys
appropriated
2
in
this
section
that
remain
unencumbered
or
unobligated
at
the
3
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
4
available
for
expenditure
for
the
purposes
designated
until
the
5
close
of
the
fiscal
year
following
the
succeeding
fiscal
year.
6
(2)
Moneys
encumbered
or
obligated
pursuant
to
financial
7
assistance
awarded
under
section
15G.103,
subsection
4,
shall
8
be
disbursed
by
the
authority
within
five
calendar
years
from
9
the
date
of
encumbrance
or
obligation,
or
the
moneys
shall
10
revert
to
the
state
treasury
and
shall
be
credited
to
the
funds
11
from
which
the
appropriations
were
made
as
provided
in
section
12
8.33.
13
c.
Notwithstanding
section
12C.7,
subsection
2,
interest
or
14
earnings
on
moneys
deposited
in
the
fund
shall
be
credited
to
15
the
fund.
16
2.
a.
Moneys
in
the
fund
are
appropriated
to
the
authority
17
for
purposes
of
providing
financial
assistance
under
the
18
program.
The
authority
may
not
use
more
than
five
percent
of
19
the
moneys
in
the
fund
at
the
beginning
of
each
fiscal
year
for
20
purposes
of
administrative
costs,
technical
assistance,
and
21
other
program
support.
22
b.
An
entity
that
is
awarded
financial
assistance
pursuant
23
to
this
subchapter
is
not
eligible
to
receive
financial
24
assistance
under
the
sports
tourism
infrastructure
program
25
pursuant
to
chapter
15F,
subchapter
IV.
26
DIVISION
II
27
APPROPRIATIONS
FROM
SPORTS
WAGERING
RECEIPTS
FUND
28
Sec.
5.
APPROPRIATIONS
——
SPORTS
WAGERING
RECEIPTS
29
FUND.
There
is
appropriated
from
the
sports
wagering
receipts
30
fund
created
in
section
8.57I
to
the
authority
for
the
fiscal
31
year
beginning
July
1,
2025,
and
ending
June
30,
2026,
the
32
following
amount,
or
so
much
thereof
as
is
necessary,
to
be
33
used
for
the
purposes
designated:
34
For
deposit
into
the
Iowa
major
events
and
tourism
fund
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established
in
section
15G.104,
as
enacted
in
division
I
of
1
this
Act:
2
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
15,000,000
3
DIVISION
III
4
SPORTS
TOURISM
MARKETING
PROGRAM
AND
FUND
——
REPEAL
5
Sec.
6.
Section
15F.401,
subsection
1,
paragraph
a,
Code
6
2025,
is
amended
to
read
as
follows:
7
a.
The
authority
shall
establish,
and,
at
the
direction
8
of
the
board,
shall
administer
a
sports
tourism
marketing
and
9
infrastructure
program
to
provide
financial
assistance
for
10
projects
that
promote
sporting
events
or
for
infrastructure
11
projects
supporting
sporting
events
for
organizations
of
12
accredited
colleges
and
universities,
professional
sporting
13
events,
and
other
sporting
events
in
the
state.
14
Sec.
7.
Section
15F.401,
subsection
1,
paragraph
b,
Code
15
2025,
is
amended
by
adding
the
following
new
subparagraph:
16
NEW
SUBPARAGRAPH
.
(03)
“Fund”
means
the
sports
tourism
17
infrastructure
program
fund
established
in
section
15F.404.
18
Sec.
8.
Section
15F.401,
subsection
2,
paragraph
a,
19
subparagraph
(1),
Code
2025,
is
amended
by
striking
the
20
subparagraph.
21
Sec.
9.
Section
15F.401,
subsection
2,
paragraph
a,
22
subparagraph
(2),
Code
2025,
is
amended
to
read
as
follows:
23
(2)
A
city
or
county
in
the
state
,
or
a
public
entity
24
that
is
a
convention
and
visitors
bureau
or
a
district
25
nonprofit
organization,
may
apply
to
the
authority
be
26
eligible
for
financial
assistance
from
the
sports
tourism
27
infrastructure
program
fund
created
in
section
15F.404
fund
for
28
an
infrastructure
project
that
actively
and
directly
supports
29
sporting
events
for
accredited
colleges
and
universities,
30
professional
sporting
events,
and
other
sporting
events
in
the
31
area
served
by
the
city,
county,
or
public
entity.
However,
32
financial
assistance
shall
not
be
provided
to
an
applicant
a
33
public
entity
that
is
a
nonprofit
organization
from
the
sports
34
tourism
infrastructure
program
fund
created
in
section
15F.404
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fund
for
infrastructure
projects
located
in
a
reinvestment
1
district
as
defined
and
approved
by
the
authority
pursuant
to
2
section
15J.4
or
to
applicants
that
have
received
a
rebate
3
of
sales
tax
imposed
and
collected
by
retailers
pursuant
to
4
section
423.4,
subsection
5
.
5
Sec.
10.
Section
15F.401,
subsection
4,
paragraph
b,
Code
6
2025,
is
amended
to
read
as
follows:
7
b.
An
applicant
under
the
program
shall
not
receive
8
financial
assistance
from
the
sports
tourism
marketing
9
program
fund
created
in
section
15F.403
or
the
sports
tourism
10
infrastructure
program
fund
created
in
section
15F.404
fund
11
in
an
amount
exceeding
fifty
percent
of
the
total
cost
of
the
12
project.
13
Sec.
11.
Section
15F.401,
subsection
5,
Code
2025,
is
14
amended
to
read
as
follows:
15
5.
The
board
shall
make
final
funding
decisions
on
16
each
application
and
may
approve,
deny,
defer,
or
modify
17
applications
for
financial
assistance
under
the
sports
tourism
18
marketing
and
infrastructure
program,
in
its
discretion,
in
19
order
to
fund
as
many
projects
with
the
moneys
available
as
20
possible.
The
board
and
the
authority
may
negotiate
with
21
applicants
regarding
the
details
of
projects
and
the
amount
and
22
terms
of
any
award.
The
total
amount
of
financial
assistance
23
provided
to
an
applicant
from
the
sports
tourism
marketing
24
program
fund
created
in
section
15F.403
in
any
one
fiscal
year
25
shall
not
exceed
five
hundred
thousand
dollars.
In
making
26
final
funding
decisions
pursuant
to
this
subsection
,
the
board
27
and
the
authority
are
exempt
from
chapter
17A
.
28
Sec.
12.
Section
15F.401,
subsection
6,
Code
2025,
is
29
amended
by
striking
the
subsection
and
inserting
in
lieu
30
thereof
the
following:
31
6.
A
city,
county,
or
public
entity
shall
not
use
financial
32
assistance
received
under
the
program
from
the
fund
as
33
reimbursement
for
completed
projects.
34
Sec.
13.
Section
15F.402,
subsections
1
and
2,
Code
2025,
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are
amended
to
read
as
follows:
1
1.
Applications
for
assistance
under
the
sports
tourism
2
marketing
and
infrastructure
program
established
in
section
3
15F.401
shall
be
submitted
to
the
authority.
For
those
4
applications
that
meet
the
eligibility
criteria,
the
authority
5
shall
forward
the
applications
to
the
board
and
provide
a
staff
6
review
analysis
and
evaluation
to
the
sports
tourism
program
7
review
committee
referred
to
in
subsection
2
and
to
the
board.
8
2.
A
review
committee
composed
of
five
members
of
the
9
board
shall
review
sports
tourism
marketing
and
infrastructure
10
program
applications
forwarded
to
the
board
and
make
11
recommendations
regarding
the
applications
to
the
authority.
12
Sec.
14.
Section
15F.404,
subsection
2,
paragraph
a,
Code
13
2025,
is
amended
to
read
as
follows:
14
a.
Moneys
in
the
fund
are
appropriated
to
the
authority
for
15
purposes
of
providing
financial
assistance
to
cities,
counties,
16
and
eligible
public
entities
under
the
sports
tourism
marketing
17
and
infrastructure
program
established
and
administered
18
pursuant
to
this
subchapter
.
19
Sec.
15.
REPEAL.
Section
15F.403,
Code
2025,
is
repealed.
20
Sec.
16.
TRANSFER
OF
MONEYS.
On
the
effective
date
of
21
this
division
of
this
Act,
any
moneys
remaining
in
the
sports
22
tourism
marketing
program
fund
in
section
15F.403,
Code
2025,
23
shall
be
transferred
to
the
Iowa
major
events
tourism
fund
24
established
in
section
15G.104,
as
enacted
in
division
I
of
25
this
Act.
26
EXPLANATION
27
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
28
the
explanation’s
substance
by
the
members
of
the
general
assembly.
29
This
bill
establishes
the
Iowa
major
events
and
tourism
30
program
and
fund
and
modifies
the
sports
tourism
and
marketing
31
infrastructure
program.
32
DIVISION
I
——
IOWA
MAJOR
EVENTS
AND
TOURISM
PROGRAM
AND
33
FUND.
The
bill
requires
the
economic
development
authority
34
(authority)
to
establish
an
Iowa
major
events
and
tourism
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program
(program)
and
an
Iowa
major
events
and
tourism
fund
1
(fund),
and
to
administer
the
program.
2
The
purpose
of
the
program
is
to
provide
financial
3
assistance
including
but
not
limited
to
grants
to
an
entity
4
supporting
an
event
in
this
state,
or
an
event
involving
a
5
geographic
region
that
includes
this
state,
and
the
event
6
generates
large
attendance,
significant
publicity,
and
7
measurable
economic
impact
on
this
state.
The
financial
8
assistance
includes
payment
or
reimbursement
of
costs
incurred
9
by
the
entity
to
apply
or
bid
for
selection
as
the
site
10
event,
to
plan
or
conduct
the
event,
and
to
pay
or
reimburse
11
any
related
fees
including
hosting
fees,
sanctioning
fees,
12
participation
fees,
operational
fees,
and
bid
fees.
13
The
bill
defines
“entity”
to
mean
an
Iowa
nonprofit
14
organization
established
to
promote
economic
development
15
and
tourism
in
an
area.
The
bill
defines
“event”
to
mean
a
16
tourism-oriented
athletic
contest,
convention,
music
festival,
17
or
art
festival.
18
The
bill
requires
the
authority
to
establish
eligibility
19
criteria
for
the
program
by
rule.
The
eligibility
criteria
20
must
include
the
requirement
that
the
entity
be
currently
21
involved
in
the
bidding
and
selection
process
for
the
event
the
22
application
is
based
upon;
and
that
the
entity
must
submit
an
23
economic
analysis
of
the
event
with
the
entity’s
application
24
that
includes
but
is
not
limited
to
projected
hotel
and
25
motel
room
occupancies,
and
the
projected
number
of
attendees
26
the
event
attracts
from
this
state,
other
states,
and
other
27
countries.
28
An
application
is
deemed
to
meet
all
eligibility
criteria
29
if
the
state
is
selected
as
the
event
site
after
a
highly
30
competitive
bidding
and
selection
process
involving
sites
31
in
other
states,
if
this
state
serves
as
the
sole
site
for
32
the
event,
or
if
the
sole
site
for
the
event
involves
a
33
geographical
region
that
includes
this
state
and
one
or
more
34
contiguous
states.
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If
an
entity’s
application
meets
the
eligibility
criteria
1
established
in
the
bill,
the
staff
of
the
authority
must
2
perform
an
evaluation
of
the
application
and
forward
the
3
application
and
evaluation
to
the
economic
development
4
authority
board
(board).
In
evaluating
an
application,
the
5
bill
requires
the
authority
to
consider
the
impact
on
the
6
economy,
the
potential
to
attract
visitors,
advertising
and
7
media
coverage,
public-to-private
investment
ratios,
and
the
8
quality,
size,
and
scope
of
the
event.
9
Upon
review
of
the
staff
evaluation,
the
board
may
approve,
10
deny,
defer,
or
modify
the
application.
The
bill
allows
the
11
board
and
the
authority
to
negotiate
with
the
entity
regarding
12
the
details
of
the
event
and
the
amount
and
terms
of
the
13
financial
assistance.
14
An
application
remains
eligible
for
consideration
by
the
15
board
for
up
to
two
years
from
the
date
of
receipt
of
the
16
application
by
the
board.
17
The
bill
requires
applicants
to
demonstrate
the
ability
to
18
provide
matching
funds
equal
to
at
least
50
percent
of
the
19
financial
assistance
awarded
to
the
applicant.
20
The
bill
requires
the
authority
to
establish
a
fund
for
the
21
purposes
of
providing
financial
assistance
under
the
program.
22
The
authority
may
administer
the
fund
as
a
revolving
fund.
23
Moneys
in
the
fund
that
remain
unencumbered
or
unobligated
24
at
the
close
of
the
fiscal
year
do
not
revert
and
remain
25
available
until
the
close
of
the
fiscal
year
following
the
26
succeeding
fiscal
year.
Moneys
in
the
fund
that
are
encumbered
27
or
obligated
pursuant
to
financial
assistance
awarded
under
28
the
program
shall
be
disbursed
by
the
authority
within
five
29
years
of
the
date
of
encumbrance
or
obligation,
or
the
moneys
30
shall
revert
to
the
state
treasury.
Moneys
in
the
fund
are
31
appropriated
to
the
authority
to
provide
financial
assistance
32
to
an
entity
under
the
program.
33
An
entity
that
is
awarded
financial
assistance
pursuant
to
34
the
bill
is
not
eligible
to
receive
financial
assistance
under
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the
sports
tourism
infrastructure
program.
1
DIVISION
II
——
APPROPRIATIONS
FROM
SPORTS
WAGERING
RECEIPTS
2
FUND.
In
FY
2025-2026,
the
bill
appropriates
$15
million
from
3
the
sports
receipts
wagering
fund
to
the
Iowa
major
tourism
4
events
and
tourism
fund.
5
DIVISION
III
——
SPORTS
TOURISM
MARKETING
PROGRAM
AND
FUND
6
——
REPEAL.
The
bill
modifies
the
sports
tourism
marketing
7
and
infrastructure
program
by
repealing
the
sports
tourism
8
marketing
program
and
fund.
The
bill
retains
the
sports
9
tourism
infrastructure
program
and
fund.
Upon
the
effective
10
date
of
the
division,
the
bill
transfers
the
remaining
moneys
11
in
the
sports
tourism
marketing
program
fund
to
the
Iowa
major
12
events
and
tourism
program
fund.
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