House Amendment 8587
PAG LIN
1 1 Amend House File 2531 as follows:
1 2 #1. Page 36, after line 7 by inserting:
1 3 <Sec. ___. Section 99F.6, subsection 4, paragraph
1 4 a, Code 2009, is amended to read as follows:
1 5 a. Before a license is granted, the division
1 6 of criminal investigation of the department of
1 7 public safety shall conduct a thorough background
1 8 investigation of the applicant for a license to
1 9 operate a gambling game operation on an excursion
1 10 gambling boat. The applicant shall provide information
1 11 on a form as required by the division of criminal
1 12 investigation. A qualified sponsoring organization
1 13 licensed to operate gambling games under this chapter
1 14 shall distribute the receipts of all gambling games,
1 15 less reasonable expenses, charges, taxes, fees, and
1 16 deductions allowed under this chapter, as winnings
1 17 to players or participants or shall distribute the
1 18 receipts for educational, civic, public, charitable,
1 19 patriotic, or religious uses as defined in section
1 20 99B.7, subsection 3, paragraph "b". However, a
1 21 licensee to conduct gambling games under this chapter
1 22 shall, unless an operating agreement for an excursion
1 23 gambling boat otherwise provides, distribute at least
1 24 three percent of the adjusted gross receipts for
1 25 each license year for educational, civic, public,
1 26 charitable, patriotic, or religious uses as defined
1 27 in section 99B.7, subsection 3, paragraph "b".
1 28 However, if a licensee who is also licensed to conduct
1 29 pari=mutuel wagering at a horse racetrack has unpaid
1 30 debt from the pari=mutuel racetrack operations, the
1 31 first receipts of the gambling games operated within
1 32 the racetrack enclosure less reasonable operating
1 33 expenses, taxes, and fees allowed under this chapter
1 34 shall be first used to pay the annual indebtedness.
1 35 The commission shall authorize, subject to the debt
1 36 payments for horse racetracks and the provisions of
1 37 paragraph "b" for dog racetracks, a licensee who is
1 38 also licensed to conduct pari=mutuel dog or horse
1 39 racing to use receipts from gambling games within
1 40 the racetrack enclosure to supplement purses for
1 41 races particularly for Iowa=bred horses pursuant to
1 42 an agreement which shall be negotiated between the
1 43 licensee and representatives of the dog or horse
1 44 owners. A qualified sponsoring organization shall
1 45 not make a contribution to a candidate, political
1 46 committee, candidate's committee, state statutory
1 47 political committee, county statutory political
1 48 committee, national political party, or fund=raising
1 49 event as these terms are defined in section 68A.102.
1 50 The membership of the board of directors of a qualified
2 1 sponsoring organization shall represent a broad
2 2 interest of the communities.
2 3 Ob. For agreements subject to commission approval
2 4 concerning purses for horse racing beginning on or
2 5 after January 1, 2006, and ending before January 1,
2 6 2021, the agreements shall provide that total annual
2 7 purses for all horse racing shall be no less than
2 8 eleven percent of the first two hundred million dollars
2 9 of net receipts, and six percent of net receipts
2 10 above two hundred million dollars. Agreements that
2 11 are subject to commission approval concerning horse
2 12 purses for a particular period of time beginning on
2 13 or after January 1, 2006, and ending before January
2 14 1, 2021, shall be jointly submitted to the commission
2 15 for approval. A qualified sponsoring organization
2 16 shall not make a contribution to a candidate, political
2 17 committee, candidate's committee, state statutory
2 18 political committee, county statutory political
2 19 committee, national political party, or fund=raising
2 20 event as these terms are defined in section 68A.102.
2 21 The membership of the board of directors of a qualified
2 22 sponsoring organization shall represent a broad
2 23 interest of the communities. If any party representing
2 24 a horse breed and the horse racetrack licensee cannot
2 25 reach agreement by July 1 of the year preceding the
2 26 year in which the agreement is to become effective, the
2 27 commission shall require each party not in agreement
2 28 to arbitrate to conclusion by September 1, as provided
2 29 in this lettered paragraph. Each party not in
2 30 agreement shall select a representative and the two
2 31 representatives shall select a third party to assist in
2 32 negotiating an agreement. The two representatives may
2 33 select the commission or one of its members to serve as
2 34 the third party. Alternately, each party shall submit
2 35 the name of a proposed third party to the commission
2 36 which shall then select one of the two parties to serve
2 37 as the third party. All parties to the negotiations,
2 38 including the commission, shall consider that the horse
2 39 racetrack was built to facilitate the development and
2 40 promotion of Iowa=bred racing horses in this state and
2 41 shall negotiate and decide accordingly. For purposes
2 42 of this lettered paragraph, "net receipts" means the
2 43 annual adjusted gross receipts from all gambling games
2 44 less the annual amount of money pledged by the owner
2 45 of the facility to fund a project approved to receive
2 46 vision Iowa funds as of July 1, 2004.>
2 47 #2. By renumbering as necessary.
R. OLSON of Polk
HF2531.2715 (2) 83
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