Text: SF02109 Text: SF02111 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 35A.13, subsection 3, Code Supplement 1 2 2003, is amended by adding the following new paragraph: 1 3 NEW PARAGRAPH. c. Admission fees credited to the trust 1 4 fund pursuant to sections 99D.14, 99F.4A, and 99F.10. 1 5 Sec. 2. Section 99D.14, Code 2003, is amended by adding 1 6 the following new subsection: 1 7 NEW SUBSECTION. 2A. In addition to the admission fee 1 8 charged under subsection 2, a licensee shall pay to the 1 9 commission an admission fee of fifty cents for each person 1 10 subject to the admission fee charged under subsection 2. The 1 11 admission revenue received by the commission pursuant to this 1 12 subsection shall be credited to the veterans trust fund 1 13 created in section 35A.13. The admission fee established 1 14 under this subsection shall continue to be paid until a total 1 15 of fifty million dollars has been credited to the veterans 1 16 trust fund under this subsection, section 99F.4A, subsection 1 17 4, and section 99F.10, subsection 3A. 1 18 Sec. 3. Section 99F.4A, subsection 4, Code 2003, is 1 19 amended to read as follows: 1 20 4. Thefeeadmission fees imposed in section 99D.14, 1 21subsectionsubsections 2 and 2A, shall be collected for 1 22 admission to a racetrack enclosure where gambling games are 1 23 licensed to operate in lieu of the admissionfeefees imposed 1 24 in section 99F.10. 1 25 Sec. 4. Section 99F.10, Code 2003, is amended by adding 1 26 the following new subsection: 1 27 NEW SUBSECTION. 3A. In addition to the admission fees 1 28 charged under subsections 2 and 3, an excursion boat licensee 1 29 shall pay to the commission an admission fee of fifty cents 1 30 for each person subject to the admission fee charged under 1 31 subsection 2. The admission revenue received by the 1 32 commission pursuant to this subsection shall be credited to 1 33 the veterans trust fund created in section 35A.13. The 1 34 admission fee established under this subsection shall continue 1 35 to be paid until a total of fifty million dollars has been 2 1 credited to the veterans trust fund under this subsection, 2 2 section 99D.14, subsection 2A, and section 99F.4A, subsection 2 3 4. 2 4 EXPLANATION 2 5 This bill increases the admission fee for racing and gaming 2 6 establishments for purposes of the veterans trust fund. 2 7 The bill establishes an additional admission fee of $.50 2 8 for those persons already subject to an admission fee at 2 9 racetracks and excursion boat gambling establishments. The 2 10 additional admission fee continues until a total of $50 2 11 million is collected. The proceeds from the additional 2 12 admission fees are to be credited to the veterans trust fund. 2 13 The veterans trust fund is created in current law in Code 2 14 section 35A.13 under the control of the commission of veterans 2 15 affairs. The fund receives the admission fees created in the 2 16 bill, any other appropriations and moneys provided for 2 17 purposes of the fund, and interest and earnings on the moneys 2 18 credited to the fund. Once the fund reaches a balance of $50 2 19 million, the interest and earnings and other moneys credited 2 20 to the fund in excess of that amount are appropriated to the 2 21 commission to be used for the purposes of the fund. The fund 2 22 is to be used for the benefit of veterans and the spouses and 2 23 dependents of veterans. 2 24 LSB 6432SV 80 2 25 ec/pj/5
Text: SF02109 Text: SF02111 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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