Iowa Administrative Code Title 701 — Department of Revenue

Iowa Admin. Code r. 701—274.7(423B) — Distribution of tax base and growth increment amounts

The revenues from the local sales and services tax growth amount for urban renewal areas in jurisdictions that have enacted ordinances pursuant to Iowa Code section 423B.10 shall be determined annually and shall be distributed to the city within 120 days following the end of the fiscal year in which they are collected.

Last amended: [ARC 8167C, IAB 7/24/24, effective 8/28/24] These rules are intended to implement Iowa Code sections 423.2A, 423B.1, 423B.7, and 423B.10. [Filed ARC 7666B (Notice ARC 7531B, IAB 1/28/09), IAB 4/8/09, effective 5/13/09] [Editorial change: IAC Supplement 4/22/09] [Filed ARC 0468C (Notice ARC 0378C, IAB 10/3/12), IAB 11/28/12, effective 1/2/13] [Filed ARC 6508C (Notice ARC 6400C, IAB 7/13/22), IAB 9/7/22, effective 10/12/22] [Editorial change: IAC Supplement 10/18/23] [Filed ARC 8167C (Notice ARC 7

Source: official text