House File 86HOUSE FILE BY SWAIM and ANDERSON Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act concerning limits on obtaining cash through an electronic 2 device at a licensed excursion gambling boat or racetrack 3 enclosure. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 1521HH 82 6 ec/es/88 PAG LIN 1 1 Section 1. Section 99D.9, subsection 6, Code 2007, is 1 2 amended by adding the following new paragraph: 1 3 NEW PARAGRAPH. d. When technologically available, a 1 4 licensee shall ensure that a person shall not receive cash in 1 5 excess of five hundred dollars during any twenty=four=hour 1 6 period from a financial institution, vendor, or other person 1 7 through an electronic or mechanical device including but not 1 8 limited to a satellite terminal as defined in section 527.2 1 9 that is located on the licensed premises. 1 10 Sec. 2. Section 99F.7, subsection 10, Code 2007, is 1 11 amended by adding the following new paragraph: 1 12 NEW PARAGRAPH. d. When technologically available, a 1 13 licensee shall ensure that a person shall not receive cash in 1 14 excess of five hundred dollars during any twenty=four=hour 1 15 period from a financial institution, vendor, or other person 1 16 through an electronic or mechanical device including but not 1 17 limited to a satellite terminal as defined in section 527.2 1 18 that is located on the licensed premises. 1 19 EXPLANATION 1 20 This bill provides that a licensee of a racetrack enclosure 1 21 conducting pari=mutuel gambling or an excursion gambling boat 1 22 shall ensure, when technologically available, that a person 1 23 shall not receive cash in excess of $500 during any 24=hour 1 24 period from an electronic or mechanical device located on the 1 25 licensed premises. 1 26 LSB 1521HH 82 1 27 ec:nh/es/88