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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