Establishes the Iowa tourism advertising fund to promote tourism through advertising and grants.

The bill creates the Iowa tourism advertising fund, which will be overseen by the economic development authority. Moneys in the fund are appropriated for promoting tourism in Iowa through advertising or grants to eligible applicants, which include cities, counties, nonprofit organizations, and business entities. The fund will receive 0.25% of the state-imposed hotel and motel tax. The authority's board will make final funding decisions on grant applications, which can be approved, denied, deferred, or modified.

Establishes the Iowa tourism advertising fund to promote tourism through advertising and grants.

The bill creates the Iowa tourism advertising fund, which will be overseen by the economic development authority. Moneys in the fund are appropriated for promoting tourism in Iowa through advertising or grants to eligible applicants, which include cities, counties, nonprofit organizations, and business entities. The fund will receive 0.25% of the state-imposed hotel and motel tax. The authority's board will make final funding decisions on grant applications, which can be approved, denied, deferred, or modified.