Relating to sales tax rebates for a raceway facility and making tax provision corrections

Where it is now

1. ✓
   Done: IntroducedFebruary 6, 2023
2. ✓
   Done: SubcommitteeFebruary 21, 2023
3. ✓
   Done: House committeeMarch 7, 2023
4. ✓
   Done: Passes the HouseMarch 14, 202395–2
5. ✓
   Done: Senate committeeMay 3, 2023
6. ✓
   Done: Passes the SenateMay 4, 202349–0
7. ✓
   Done: To the GovernorMay 9, 2023
8. ✓
   Done: Signed into lawJune 1, 2023

Signed into law What’s a funnel?

What’s in it

This bill relates to sales tax rebates for a raceway facility.8 million, whichever is less; or the ownership of the raceway facility changes. The bill changes the date the rebate program must end from June 30, 2025, to June 30, 2030, if any of the other conditions requiring the end of the program have not been met.8 million.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Senate subcommittee

Named March 20, 2023. On April 24, 2023 it recommended passage. [].

• Sen. Jason Schultz REmail
• Sen. William A. Dotzler Jr. DEmail
• Sen. Carrie Koelker REmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

8 million cap is reached.

• Final Fiscal Note — Raceway Facility Sales Tax Rebate, Extension · May 24, 2023
• Raceway Facility Sales Tax Rebate, Extension · March 13, 2023

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Iowa Code it changes

Amends§423.2A§423.4

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.