Text: H08146 Text: H08148 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the amendment, H-8072, to House File 2302 as 1 2 follows: 1 3 #1. Page 6, lines 1 and 2, by striking the words 1 4 "on the licensed premises" and inserting the 1 5 following: "in the wagering area. 1 6 (3) A licensee shall ensure that a person may 1 7 voluntarily bar the person's access to receive cash or 1 8 credit from a financial institution, vendor, or other 1 9 person through an electronic or mechanical device 1 10 including but not limited to a satellite terminal as 1 11 defined in section 527.2, that is located on the 1 12 licensed premises". 1 13 #2. Page 6, by striking line 23 and inserting the 1 14 following: "racetrack that has not been issued a 1 15 table games license under chapter 99F or no more than 1 16 three special agents for each racetrack that has been 1 17 issued a table games license under chapter 99F, plus 1 18 any direct and indirect support costs". 1 19 #3. Page 10, line 24, by inserting after the word 1 20 "chance" the following: ", unless otherwise 1 21 authorized by this chapter"." 1 22 #4. Page 12, by striking line 30 and inserting the 1 23 following: "is amended by striking the subsection and 1 24 inserting in lieu thereof the following: 1 25 8. The commission shall, upon application of a 1 26 licensee of a pari-mutuel dog or horse racetrack 1 27 licensed to conduct gambling games at a pari-mutuel 1 28 racetrack enclosure, issue a license to the licensee 1 29 to conduct table games of chance, including video 1 30 machines that simulate table games of chance, at the 1 31 pari-mutuel racetrack enclosure subject to the 1 32 requirements of this subsection. The application 1 33 shall identify the number of table games to be 1 34 installed by the licensee. However, a table games 1 35 license shall only be issued to a licensee required to 1 36 pay a table games license fee of three million dollars 1 37 under this subsection if the licensee, and all other 1 38 licensees of an excursion gambling boat in that 1 39 county, file an agreement with the commission 1 40 authorizing the granting of a table games license 1 41 under this subsection and permitting all licensees of 1 42 an excursion gambling boat to operate a barge as of a 1 43 specific date. The licensee shall be granted a table 1 44 games license by the commission without conducting a 1 45 separate referendum authorizing table games upon 1 46 payment of the applicable license fee to the 1 47 commission which table games license fee may be offset 1 48 by the licensee against taxes imposed on the licensee 1 49 by section 99F.11, to the extent of twenty percent of 1 50 the table taxes license fee paid pursuant to this 2 1 subsection for each of the five years following the 2 2 year in which the table games license fee was paid. A 2 3 licensee shall not be required to pay a fee to renew a 2 4 table games license issued pursuant to this 2 5 subsection. 2 6 For purposes of this subsection, the applicable 2 7 license fee for a licensee shall be three million 2 8 dollars if the adjusted gross receipts from gambling 2 9 games for the licensee in the previous fiscal year was 2 10 less than one hundred million dollars, and shall be 2 11 ten million dollars if the adjusted gross receipts 2 12 from gambling games for the licensee in the previous 2 13 fiscal year was one hundred million dollars or more." 2 14 #5. Page 12, line 40, by inserting after the word 2 15 "chapter." the following: "However, this moratorium 2 16 shall not apply to the granting of a table games 2 17 license as provided by this chapter." 2 18 #6. Page 12, line 47, by inserting after the word 2 19 "number" the following: "of gambling games from the 2 20 number specified in the application for a table games 2 21 license or the number". 2 22 #7. Page 15, line 26, by inserting after the 2 23 figure "1A." the following: "a." 2 24 #8. Page 15, line 32, by inserting after the word 2 25 "cruise" the following: "subject to the requirements 2 26 of this subsection". 2 27 #9. Page 15, line 45, by inserting after the word 2 28 "licensee." the following: 2 29 "b. However, an applicant or licensee of an 2 30 excursion gambling boat that is located in the same 2 31 county as a racetrack enclosure conducting gambling 2 32 games shall not be allowed to operate a moored barge 2 33 unless either of the following applies: 2 34 (1) If the licensee is located in the same county 2 35 as a racetrack enclosure conducting gambling games 2 36 that had less than one hundred million dollars in 2 37 adjusted gross receipts from gambling games for the 2 38 fiscal year beginning July 1, 2003, the licensee of an 2 39 excursion gambling boat is authorized to operate a 2 40 moored barge if the licensee, the licensee of the 2 41 racetrack enclosure, and all other licensees of an 2 42 excursion gambling boat in that county file an 2 43 agreement with the commission agreeing to the granting 2 44 of a table games license under this chapter and 2 45 permitting all licensees of an excursion gambling boat 2 46 in the county to operate a barge as of a specific 2 47 date. 2 48 (2) If the licensee is located in the same county 2 49 as a racetrack enclosure conducting gambling games 2 50 that had one hundred million dollars or more in 3 1 adjusted gross receipts from gambling games for the 3 2 fiscal year beginning July 1, 2003, the licensee of an 3 3 excursion gambling boat is authorized to operate a 3 4 moored barge the earlier of January 1, 2010, or the 3 5 date all licensees in the county file an agreement 3 6 with the commission agreeing to the licensee of an 3 7 excursion gambling boat to operate a moored barge." 3 8 #10. Page 16, line 15, by striking the words 3 9 "licensed premises" and inserting the following: 3 10 "gaming floor. 3 11 c. A licensee shall ensure that a person may 3 12 voluntarily bar the person's access to receive cash or 3 13 credit from a financial institution, vendor, or other 3 14 person through an electronic or mechanical device 3 15 including but not limited to a satellite terminal as 3 16 defined in section 527.2 that is located on the 3 17 licensed premises". 3 18 #11. Page 18, by striking lines 17 through 41 and 3 19 inserting the following: 3 20 "99F.11 WAGERING TAX – RATE – ALLOCATIONS. 3 21 1. A tax is imposed on the adjusted gross receipts 3 22 receivedannuallyeach fiscal year from gambling games 3 23 authorized under this chapter at the rate of five 3 24 percent on the first one million dollars of adjusted 3 25 gross receipts,and at the rate of ten percent on the 3 26 next two million dollars of adjusted gross receipts.,3 27and at the rate of twenty percent3 28 2. The tax rate imposed each fiscal year on any 3 29 amount of adjusted gross receipts over three million 3 30 dollars. However, beginning January 1, 1997, the rate3 31on any amount of adjusted gross receipts over three3 32million dollars from gambling games at racetrack3 33enclosures is twenty-two percent and shall increase by3 34two percent each succeeding calendar year until the3 35rate is thirty-six percent.shall be as follows: 3 36 a. If the licensee is an excursion gambling boat, 3 37 twenty-two percent. 3 38 b. If the licensee is a racetrack enclosure 3 39 conducting gambling games and another licensee of an 3 40 excursion gambling boat is located in the same county, 3 41 then the following rate, as applicable: 3 42 (1) If the licensee of the racetrack enclosure has 3 43 not been issued a table games license during the 3 44 fiscal year or if the adjusted gross receipts from 3 45 gambling games of the licensee in the prior fiscal 3 46 year were less than one hundred million dollars, 3 47 twenty-two percent. 3 48 (2) If the licensee of the racetrack enclosure has 3 49 been issued a table games license during the fiscal 3 50 year and the adjusted gross receipts from gambling 4 1 games of the licensee in the prior fiscal year were 4 2 one hundred million dollars or more, twenty-four 4 3 percent. 4 4 c. If the licensee is a racetrack enclosure 4 5 conducting gambling games and no licensee of an 4 6 excursion gambling boat is located in the same county, 4 7 twenty-four percent." 4 8 #12. Page 22, line 25, by inserting after the 4 9 words "will not cruise." the following: "However, a 4 10 licensee that is located in the same county as a 4 11 licensee of a racetrack enclosure that conducts 4 12 gambling games shall not be allowed to operate a 4 13 moored barge unless the licensee complies with the 4 14 following requirements. If the licensee is located in 4 15 the same county as a racetrack enclosure conducting 4 16 gambling games that had less than one hundred million 4 17 dollars in adjusted gross receipts from gambling games 4 18 for the fiscal year beginning July 1, 2003, the 4 19 licensee of an excursion gambling boat is authorized 4 20 to operate a moored barge if the licensee, the 4 21 licensee of the racetrack enclosure, and all other 4 22 licensees of an excursion gambling boat in that county 4 23 file an agreement with the commission agreeing to the 4 24 granting of a table games license under chapter 99F 4 25 and permitting all licensees of an excursion gambling 4 26 boat to operate a barge as of a specific date. If the 4 27 licensee is located in the same county as a racetrack 4 28 enclosure conducting gambling games that had one 4 29 hundred million dollars or more in adjusted gross 4 30 receipts from gambling games for the fiscal year 4 31 beginning July 1, 2003, the licensee of an excursion 4 32 gambling boat is authorized to operate a moored barge 4 33 if all licensees in the county file an agreement with 4 34 the commission agreeing to the licensee of the 4 35 excursion gambling boat to operate a moored barge." 4 36 #13. Page 22, by inserting after line 32 the 4 37 following: 4 38 "Sec. . 2002-2004 RACETRACK ENCLOSURES – 4 39 GAMBLING GAMES TAX. 4 40 1. Notwithstanding any provision of section 99F.11 4 41 to the contrary, a racetrack enclosure conducting 4 42 gambling games shall pay a tax on the adjusted gross 4 43 receipts over three million dollars received for the 4 44 fiscal year beginning July 1, 2002, and ending June 4 45 30, 2003, and for the fiscal year beginning July 1, 4 46 2003, and ending June 30, 2004, from gambling games 4 47 authorized under chapter 99F at the following tax rate 4 48 for each fiscal year: 4 49 a. If the licensee of the racetrack enclosure 4 50 conducting gambling games received adjusted gross 5 1 receipts from gambling games in the fiscal year 5 2 beginning July 1, 2002, of less than one hundred 5 3 million dollars, twenty-two percent. 5 4 b. If the licensee of the racetrack enclosure 5 5 conducting gambling games received adjusted gross 5 6 receipts from gambling games in the fiscal year 5 7 beginning July 1, 2002, of one hundred million dollars 5 8 or more, twenty-four percent. 5 9 2. Taxes imposed by this section shall be 5 10 distributed as provided in section 99F.11." 5 11 #14. Page 23, by inserting after line 17 the 5 12 following: 5 13 " . The section of this Act establishing a 2002- 5 14 2004 racetrack enclosure gambling games tax, being 5 15 deemed of immediate importance, takes effect upon 5 16 enactment and is retroactively applicable to July 1, 5 17 2002, and is applicable on and after that date." 5 18 #15. By renumbering as necessary. 5 19 5 20 5 21 5 22 GIPP of Winneshiek 5 23 HF 2302.241 80 5 24 ec/sh/8
Text: H08146 Text: H08148 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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