2009 Iowa Code
Title 8 - Transportation
Subtitle 1 - Highways and Waterways
CHAPTER 303A - IOWA CULTURAL TRUST
303A.2 - LEGISLATIVE FINDINGS.

        303A.2  LEGISLATIVE FINDINGS.
         The general assembly finds and declares that cultural
      organizations generate millions of dollars in economic activity in
      Iowa; attract people to live and work in Iowa's communities;
      contribute to a revitalization of those communities; are a magnet for
      tourists; train minds for the creative economy jobs of the future;
      and build social capital.  However, these organizations are often
      undercapitalized.  Therefore, to bring financial stability to these
      organizations through fluctuating economic conditions, it is the
      intent of the general assembly that a public trust be established the
      income from which may be made available to supplement the operating
      budgets of nonprofit cultural organizations that meet certain
      criteria, including a commitment to strategies to attain long-term
      financial stability and sustainability.  It is further the intent of
      the general assembly that income from the public trust may be used
      initially for a statewide educational program to assist cultural
      organizations in endowment development.  

         2002 Acts, ch 1115, §3