99D.20 Audit of licensee operations.
Within ninety days after the end of each calendar year, the licensee, including a licensee issued a license subject to the requirements of section 99D.9C, shall transmit to the commission an audit of the financial transactions and condition of the licensee’s operations conducted under this chapter. Additionally, within ninety days after the end of the licensee’s fiscal year, the licensee shall transmit to the commission an audit of the licensee’s total racing and gaming operations, including an itemization of all expenses and subsidies. All audits shall be conducted by certified public accountants authorized to practice in the state of Iowa under chapter 542 who are selected by the board of supervisors of the county in which the licensee operates.
83 Acts, ch 187, §20; 2001 Acts, ch 55, §21, 38; 2004 Acts, ch 1136, §18; 2005 Acts, ch 3, §27; 2009 Acts, ch 29, §1, 3; 2014 Acts, ch 1126, §7
Referred to in §99D.9, 99D.10, 99D.19
Structure Iowa Code
Title III - PUBLIC SERVICES AND REGULATION
Chapter 99D - PARI-MUTUEL WAGERING
Section 99D.3 - Scope of provisions.
Section 99D.4 - Pari-mutuel wagering legalized.
Section 99D.5 - Creation of state racing and gaming commission.
Section 99D.6 - Headquarters, meetings, and election of chairperson — administrator — employees.
Section 99D.8 - Horse or dog racing licenses — applications.
Section 99D.8A - Requirements of applicant — penalty — consent to search.
Section 99D.9 - Licenses — terms and conditions — revocation.
Section 99D.9A - Dog racetrack licensure — discontinuance of live racing requirement — fees.
Section 99D.9B - Iowa greyhound pari-mutuel racing fund.
Section 99D.10 - Bond of licensee.
Section 99D.13 - Unclaimed winnings — appropriation.
Section 99D.14 - Race meetings — tax — fees — tax exemption.
Section 99D.15 - Pari-mutuel wagering taxes — rate — credit.
Section 99D.16 - Withholding tax on winnings.
Section 99D.17 - Use of funds.
Section 99D.19 - Licensees — records, reports, supervision — confidentiality.
Section 99D.20 - Audit of licensee operations.
Section 99D.21 - Annual report of commission.
Section 99D.22 - Native horses or dogs.
Section 99D.23 - Commission veterinarian and chemist.
Section 99D.24 - Prohibited activities — penalty.
Section 99D.25 - Drugging or numbing — exception — tests — reports — penalties.
Section 99D.25A - Administration of furosemide or phenylbutazone.
Section 99D.26 - Forfeiture of property.