Senate File 2110
SENATE FILE
BY COMMITTEE ON
STATE GOVERNMENT
(SUCCESSOR TO SF 324)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act increasing the admission fee for racing and gaming
2 establishments for purposes of the veterans trust fund.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 6432SV 80
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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. The fee admission fees imposed in section 99D.14,
1 21 subsection subsections 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 admission fee fees 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
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