Iowa Code § 99G.29

Current through March 29, 2024
Section 99G.29 - Retailer rental calculations - lottery ticket sales treatment

If a lottery retailer's rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales and such computation of retail sales is not explicitly defined to include sales of tickets or shares in a state-operated or state-managed lottery, only the compensation received by the lottery retailer from the department may be considered the amount of the lottery retail sales for purposes of computing the rental payment.

Iowa Code § 99G.29

2003 Acts, ch 178, §82, 121; 2003 Acts, ch 179, §142; 2023 Acts, ch 19, § 2332

Amended by 2024 Iowa, ch Chapter 1043,s 46, eff. 7/1/2024.
Amended by 2023 Iowa, ch 19, s 2332, eff. 7/1/2023.
2003 Acts, ch 178, §82, 121; 2003 Acts, ch 179, §142

Section amended