Text: S03391 Text: S03393 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 529 as follows: 1 2 #1. Page 12, by inserting after line 14 the 1 3 following: 1 4 "Sec. ___. Section 99F.6, subsection 4, paragraph 1 5 a, Code 1997, is amended to read as follows: 1 6 a. Before a license is granted, the division of 1 7 criminal investigation of the department of public 1 8 safety shall conduct a thorough background 1 9 investigation of the applicant for a license to 1 10 operate a gambling game operation on an excursion 1 11 gambling boat. The applicant shall provide 1 12 information on a form as required by the division of 1 13 criminal investigation. A qualified sponsoring 1 14 organization licensed to operate gambling games under 1 15 this chapter shall distribute the receipts of all 1 16 gambling games, less reasonable expenses, charges, 1 17 taxes, fees, and deductions allowed under this 1 18 chapter, as winnings to players or participants or 1 19 shall distribute the receipts for educational, civic, 1 20 public, charitable, patriotic, or religious uses as 1 21 defined in section 99B.7, subsection 3, paragraph "b". 1 22 However, if a licensee who is also licensed to conduct 1 23 pari-mutuel wagering at a horse racetrack has unpaid 1 24 debt from the pari-mutuel racetrack operations, the 1 25 first receipts of the gambling games operated within 1 26 the racetrack enclosure less reasonable operating 1 27 expenses, taxes, and fees allowed under this chapter 1 28 shall be first used to pay the annual indebtedness. 1 29 The commission shall authorize, subject to the debt 1 30 payments for horse racetracks and the provisions of 1 31 paragraph "b" for dog racetracks, a licensee who is 1 32 also licensed to conduct pari-mutuel dog or horse 1 33 racing to use receipts from gambling games within the 1 34 racetrack enclosure to supplement purses for races 1 35 particularly for Iowa-bred horses pursuant to an 1 36 agreement which shall be negotiated between the 1 37 licensee and representatives of the dog or horse 1 38 owners. For a licensee who is also licensed to 1 39 conduct pari-mutuel horse racing, the supplement to 1 40 the horse race purses shall be an amount equal to 1 41 fifteen percent of the annual adjusted gross receipts 1 42 received from gambling games and, of the total sum 1 43 allocated to supplement horse race purses, twenty 1 44 percent shall be used to supplement the purses of 1 45 Iowa-bred horses. A qualified sponsoring organization 1 46 shall not make a contribution to a candidate, 1 47 political committee, candidate's committee, state 1 48 statutory political committee, county statutory 1 49 political committee, national political party, or 1 50 fund-raising event as these terms are defined in 2 1 section 56.2. The membership of the board of 2 2 directors of a qualified sponsoring organization shall 2 3 represent a broad interest of the communities." 2 4 #2. By renumbering as necessary. 2 5 2 6 2 7 2 8 JACK RIFE 2 9 SF 529.201 77 2 10 tj/jj/28
Text: S03391 Text: S03393 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
© 1997 Cornell College and League of Women Voters of Iowa
Comments about this site or page? webmaster@legis.iowa.gov. Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Apr 8 03:43:13 CDT 1997
URL: /DOCS/GA/77GA/Legislation/S/03300/S03392/970407.html
jhf