House File 2378 H-8061 Amend House File 2378 as follows: 1 1. Page 1, before line 1 by inserting: 2 < DIVISION I 3 HORSE RACING PURSES > 4 2. Page 1, after line 10 by inserting: 5 < DIVISION II 6 RACE HORSE AFTERCARE FUND > 7 3. Page 2, after line 7 by inserting: 8 < DIVISION III 9 SIMULCASTING LICENSURE AND TAXATION 10 Sec. ___. NEW SECTION . 99D.9D Alternative simulcasting 11 licensure —— horse and dog races. 12 1. An entity that has entered into an agreement with the 13 Iowa horsemen’s benevolent and protective association for 14 source market fees related to simultaneously telecast horse 15 or dog races may submit an application to the commission for 16 a license under this chapter to conduct pari-mutuel wagering 17 on simultaneously telecast horse or dog races, subject to 18 the requirements of this section. Unless inconsistent with 19 the requirements of this section, an entity submitting an 20 application for a license under this section shall comply with 21 all requirements for submitting an application for a license 22 under this chapter. 23 2. If an application for a license under subsection 1 is 24 approved by the commission pursuant to the requirements of 25 this section and section 99D.9, the entity submitting the 26 application shall be granted a license under this section to 27 conduct pari-mutuel wagering on simultaneously telecast horse 28 or dog races conducted at a facility of a licensee authorized 29 to conduct gambling games under chapter 99D or chapter 99F 30 pursuant to an agreement with the licensee of that facility 31 as authorized by this section. A licensee issued a license 32 pursuant to this section shall comply with all requirements 33 of this chapter applicable to licensees unless otherwise 34 inconsistent with the provisions of this section. 35 -1- HF 2378.3337 (2) 89 ec/rn 1/ 3 #1. #2. #3.

3. A license issued pursuant to this section shall authorize 1 the licensee to enter into an agreement with any licensee 2 authorized to operate an excursion gambling boat or gambling 3 structure under chapter 99F to conduct, without the requirement 4 to conduct live horse or dog races at the facility, pari-mutuel 5 wagering on simultaneously telecast horse or dog races at the 6 facility of the licensee authorized to operate an excursion 7 gambling boat or gambling structure under chapter 99F. 8 4. The commission shall establish an annual license fee 9 and regulatory fee for any entity issued a license under this 10 section to conduct pari-mutuel wagering on simultaneously 11 telecast horse or dog races as authorized by this section. The 12 commission shall not impose any other fees for simultaneously 13 telecast horse or dog races conducted by any licensee under 14 this section. 15 5. The commission shall require that an annual audit 16 be conducted and submitted to the commission, in a manner 17 determined by the commission, concerning the operation of the 18 simultaneously telecast horse or dog races by any licensee 19 under this section. 20 Sec. ___. Section 99D.15, subsection 4, Code 2022, is 21 amended by striking the subsection and inserting in lieu 22 thereof the following: 23 4. A tax is imposed on the gross sum wagered by the 24 pari mutuel method on horse races and dog races which are 25 simultaneously telecast, in lieu of the taxes imposed pursuant 26 to subsection 1 or 3. The rate of tax is determined as follows: 27 a. If wagering on simultaneously telecast horse races and 28 dog races is not conducted by a licensee under section 99D.9D, 29 a tax of two percent is imposed on the gross sum wagered by 30 the pari-mutuel method on horse races and dog races which are 31 simultaneously telecast. The tax revenue from simulcast horse 32 races under this paragraph shall be distributed as provided in 33 subsection 1 and the tax revenue from simulcast dog races under 34 this paragraph shall be distributed as provided in subsection 35 -2- HF 2378.3337 (2) 89 ec/rn 2/ 3

3. 1 b. If wagering on simultaneously telecast horse races and 2 dog races is conducted by a licensee under section 99D.9D, 3 a tax of two percent is imposed on the gross sum wagered by 4 the pari-mutuel method on horse races and dog races which 5 are simultaneously telecast in excess of twenty-five million 6 dollars in a calendar year. Of the tax revenue collected 7 from simulcast horse races under this paragraph, one-half of 8 one percent of the gross sum wagered shall be remitted to the 9 treasurer of the county in which a horse racetrack is located 10 in this state and licensed under this chapter. The remaining 11 amount of tax revenue shall be deposited with the commission. > 12 4. Title page, line 2, by striking < moneys and establishing > 13 and inserting < moneys, establishing > 14 5. Title page, line 3, after < organizations > by inserting < , 15 and providing for simulcasting licensure and taxation > 16 6. By renumbering as necessary. 17 ______________________________ SEXTON of Calhoun -3- HF 2378.3337 (2) 89 ec/rn 3/ 3 #4. #5. #6.