1. A state racing and gaming commission is created within the department of inspections and appeals consisting of five members who shall be appointed by the governor subject to confirmation by the senate, and who shall serve not to exceed a three-year term at the pleasure of the governor. The term of each member shall begin and end as provided in section 69.19.
2. A vacancy on the commission shall be filled as provided in section 2.32.
3. Not more than three members of the commission shall belong to the same political party. A member of the commission shall not have a financial interest in a racetrack.
4. Commission members are each entitled to receive an annual salary of six thousand dollars. Members shall also be reimbursed for actual expenses incurred in the performance of their duties to a maximum of thirty thousand dollars per year for the commission. Each member shall post a bond in the amount of ten thousand dollars, with sureties to be approved by the governor, to guarantee the proper handling and accounting of moneys and other properties required in the administration of this chapter. The premiums on the bonds shall be paid as other expenses of the commission.
5. A member or a holder of an official's license shall not knowingly:
a. Have a pecuniary, equitable, or other interest in or engage in a business or employment which would be a conflict of interest or interfere or conflict with the proper discharge of the duties of the commission including any of the following:
(1) A business which does business with a licensee.
(2) A business issued a concession operator's license.
b. Participate directly or indirectly as an owner, owner-trainer, trainer of a horse or dog, or jockey of a horse in a race meeting conducted in this state.
c. Place a wager on an entry in a race or on a gambling game operated on an excursion gambling boat.
A violation of this subsection is a serious misdemeanor. In addition, the individual may be subject to disciplinary actions pursuant to the commission rules.
6. A member, employee, or appointee of the commission, spouse of a member, employee, or appointee of the commission, or a family member related within the second degree of affinity or consanguinity to a member, employee, or appointee of the commission shall not do either of the following:
a. Hold an occupational license except an official's license.
b. Enter directly or indirectly into any business dealing, venture, or contract with an owner or lessee of a racetrack.
A member who knowingly approves of a violation of this subsection is guilty of a serious misdemeanor.
83 Acts, ch 187, § 5, 36; 84 Acts, ch 1266, § 4, 5; 86 Acts, ch 1245, § 713, 714; 88 Acts, ch 1267, § 17; 89 Acts, ch 67, § 24, 25; 89 Acts, ch 83, § 21; 89 Acts, ch 231, § 30; 91 Acts, ch 266, §21; 92 Acts, ch 1203, §2
Referred to in § 99D.2, 99F.1
Confirmation, see § 2.32
Iowa General Assembly
Search: Iowa Code 1997
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