99B.16 Records and reports — licensed qualified organization.
1. A qualified organization licensed pursuant to section 99B.12, unless otherwise provided, shall maintain proper books of account and records showing, in addition to any other information required by the department, the following:
a. Gross receipts and the amount of the gross receipts taxes collected or accrued with respect to gambling activities conducted by the licensed qualified organization.
b. All expenses, charges, fees, and other deductions.
c. The cash amounts, or the cost to the licensee of goods or other noncash valuables, distributed to participants in the licensed activity.
d. The amounts dedicated and the date and name and address of each person to whom distributed.
2. The books of account and records shall be made available to the department or a law enforcement agency for inspection at reasonable times, with or without notice. A failure to permit inspection is a serious misdemeanor.
3. A licensed qualified organization required to maintain records shall submit an annual report to the department on forms furnished by the department. The annual report shall be submitted by January 31 of each year for the prior calendar year period of January 1 through December 31.
2015 Acts, ch 99, §33, 56
Referred to in §99B.12, 99B.14, 99B.24, 99B.27
Former §99B.16 repealed by
2015 Acts, ch 99, §47
Structure Iowa Code
Title III - PUBLIC SERVICES AND REGULATION
Chapter 99B - SOCIAL AND CHARITABLE GAMBLING
Section 99B.2 - Administrative rules.
Section 99B.3 - License denial, suspension, and revocation.
Section 99B.5 - Allowable forms for payment.
Section 99B.6 - Attorney general and county attorney — prosecution.
Section 99B.7 - Division of criminal investigation.
Section 99B.8 - Tax on prizes.
Section 99B.9A - Exceptions for certain areas.
Section 99B.10 - Electrical and mechanical amusement devices — penalties.
Section 99B.12 - Qualified organization licenses — general provisions — types of licenses.
Section 99B.13 - Licensed qualified organizations — general requirements.
Section 99B.14 - Distribution of proceeds — licensed qualified organizations.
Section 99B.15 - Prizes awarded by licensed qualified organizations.
Section 99B.16 - Records and reports — licensed qualified organization.
Section 99B.18 - Company games.
Section 99B.22 - Bingo conducted at a fair or community festival.
Section 99B.23 - Bingo — licensing exception.
Section 99B.25 - Electronic raffles.
Section 99B.27 - Card game tournaments conducted by qualified organizations representing veterans.
Section 99B.31 - Amusement concessions.
Section 99B.42 - Social gambling general requirements.
Section 99B.43 - Social gambling in licensed alcohol establishments.
Section 99B.44 - Social gambling in public places.
Section 99B.45 - Social gambling between individuals.
Section 99B.52 - Electrical or mechanical amusement devices.
Section 99B.53 - Electrical or mechanical amusement devices — registration required.
Section 99B.54 - Electrical or mechanical amusement devices — criminal penalties.
Section 99B.58 - Electrical or mechanical amusement devices — special fund.