Text: HF02098 Text: HF02100 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 99F.6, subsection 4, paragraph a, Code
1 2 2001, is amended to read as follows:
1 3 4. a. Before a license is granted, the division of
1 4 criminal investigation of the department of public safety
1 5 shall conduct a thorough background investigation of the
1 6 applicant for a license to operate a gambling game operation
1 7 on an excursion gambling boat. The applicant shall provide
1 8 information on a form as required by the division of criminal
1 9 investigation. A qualified sponsoring organization licensed
1 10 to operate gambling games under this chapter shall distribute
1 11 at least annually the receipts of all gambling games, less
1 12 reasonable expenses, charges, taxes, fees, and deductions
1 13 allowed under this chapter, as winnings to players or
1 14 participants or shall distribute the receipts for educational,
1 15 civic, public, charitable, patriotic, or religious uses as
1 16 defined in section 99B.7, subsection 3, paragraph "b".
1 17 However, if a licensee who is also licensed to conduct pari-
1 18 mutuel wagering at a horse racetrack has unpaid debt from the
1 19 pari-mutuel racetrack operations, the first receipts of the
1 20 gambling games operated within the racetrack enclosure less
1 21 reasonable operating expenses, taxes, and fees allowed under
1 22 this chapter shall be first used to pay the annual
1 23 indebtedness. The commission shall authorize, subject to the
1 24 debt payments for horse racetracks and the provisions of
1 25 paragraph "b" for dog racetracks, a licensee who is also
1 26 licensed to conduct pari-mutuel dog or horse racing to use
1 27 receipts from gambling games within the racetrack enclosure to
1 28 supplement purses for races particularly for Iowa-bred horses
1 29 pursuant to an agreement which shall be negotiated between the
1 30 licensee and representatives of the dog or horse owners. A
1 31 qualified sponsoring organization shall not make a
1 32 contribution to a candidate, political committee, candidate's
1 33 committee, state statutory political committee, county
1 34 statutory political committee, national political party, or
1 35 fund-raising event as these terms are defined in section 56.2.
2 1 The membership of the board of directors of a qualified
2 2 sponsoring organization shall represent a broad interest of
2 3 the communities.
2 4 EXPLANATION
2 5 This bill provides that a qualified organization licensed
2 6 to conduct gambling games on an excursion gambling boat or at
2 7 a racetrack shall distribute the net receipts of all gambling
2 8 games at least annually for educational, civic, public,
2 9 charitable, patriotic, or religious uses.
2 10 LSB 5831YH 79
2 11 tj/cf/24
Text: HF02098 Text: HF02100 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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