IA SF404

Creates the Iowa tourism advertising fund in the state treasury under control of the economic development authority, with oversight by the authority's board

Appropriates fund moneys for promoting Iowa tourism through advertising within the state, in other states, and internationally

Allows grants to eligible applicants including cities, counties, nonprofit organizations, and business entities to promote Iowa tourism through advertising

Funds the program by allocating 0.25% of the state's 5% hotel and motel tax to the tourism advertising fund

Limits administrative costs and program support to no more than 5% of fund moneys at the beginning of each fiscal year, with unused funds not reverting at fiscal year end