Iowa Admin. Code r. 111-7.13

Current through Register Vol. 47, No. 6, September 18, 2024

Rule 111-7.13 - Reports

As specified in the operating agreement, reports must be filed with the administrative office of the department or postmarked by the fifteenth day of each month. The department will accept no more than two consecutive reports which are submitted after the deadline. When an operator exceeds this limit, the department shall impose a fine in the amount of $100 for each report filed after the deadline. Operators submitting more than two late reports shall be placed on probation and restricted from bidding for transfer or promotion for a period of one year. For a report to be considered complete, it must contain the following documents which relate to the reporting period:

1. A profit and loss statement;

2. A signed bill verification statement;

3. Business-related tax documents; and

4. Canceled checks verifying payment of business-related taxes.

Iowa Admin. Code r. 111-7.13