174.9 - STATE AID.
174.9 STATE AID.
An eligible fair which is a member of the association of Iowa
fairs as provided in the association's bylaws and which conducts a
fair event shall be entitled to receive state aid as provided in this
chapter. The moneys paid as state aid must be used exclusively for
capital expenditures relating to the acquisition of land for
fairgrounds and improvements on the fairgrounds such as the
construction of new facilities and the renovation of existing
facilities. In order to be eligible for state aid, a fair must file
with the association of Iowa fairs on or before November 15 of each
year, a statement which provides information as required by the
association of Iowa fairs. The information shall at least include
all of the following:
1. The amount that the fair paid in cash premiums at its fair for
the current year. The statement must correspond with its published
offer of premiums.
2. A statement that no part of the amount of state aid was paid
for any of the following:
a. Entertainment venues, including but not limited to speed
events.
b. To secure games or amusements.
c. Supplies, rentals, equipment, payroll, inventory, fees, or
routine operating expenses.
3. A full and accurate statement of the receipts and expenditures
of the fair for the current year.
4. A statement of statistical data relative to exhibits and
attendance for the year.
5. A copy of the published financial statement published as
required by law, together with proof of such publication showing an
itemized list of premiums awarded. Section History: Early Form
[R60, § 1698, 1704; C73, § 1110, 1112; C97, § 1659, 1661; S13, §
1659; SS15, § 1661-a; C24, 27, 31, 35, 39, § 2902; C46, 50, 54,
58, 62, 66, 71, 73, 75, 77, 79, 81, § 174.9] Section History: Recent Form
96 Acts, ch 1218, § 30, 31; 97 Acts, ch 215, §33, 34; 99 Acts, ch
204, §30, 31; 2004 Acts, ch 1019, §14
Referred to in § 174.10