123.143 - DISTRIBUTION OF FUNDS.
123.143 DISTRIBUTION OF FUNDS.
The revenues obtained from permit fees and the barrel tax
collected under the provisions of this chapter shall be distributed
as follows:
1. All retail beer permit fees collected by any local authority
at the time application for the permit is made shall be retained by
the local authority. A certified copy of the receipt for the permit
fee shall be submitted to the division with the application and the
local authority shall be notified at the time the permit is issued.
Those amounts collected for the privilege authorized under section
123.134, subsection 5, shall be deposited in the beer and liquor
control fund.
2. All permit fees and taxes collected by the division under this
division shall accrue to the state general fund, except as otherwise
provided.
3. Barrel tax revenues collected on beer manufactured in this
state from a class "A" permittee which owns and operates a brewery
located in Iowa shall be credited to the barrel tax fund hereby
created in the office of the treasurer of state. Moneys deposited in
the barrel tax fund shall not revert to the general fund of the state
without a specific appropriation by the general assembly. Section History: Early Form
[C35, § 1921-f125; C39, § 1921.128; C46, 50, 54, 58, 62, 66,
71, § 124.33; C73, 75, 77, 79, 81, § 123.143] Section History: Recent Form
83 Acts, ch 123, § 60, 209; 84 Acts, ch 1312, § 7; 85 Acts, ch
198, §2; 87 Acts, ch 95, § 1
Referred to in § 15E.117, 125.59, 331.427