House File 2047 - Introduced



                                       HOUSE FILE       
                                       BY  KURTENBACH


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act establishing the racing and gaming commission as the board
  2    of directors for the Iowa lottery authority.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 5532HH 81
  5 ec/je/5

PAG LIN



  1  1    Section 1.  Section 99D.5, Code Supplement 2005, is amended
  1  2 by adding the following new subsection:
  1  3    NEW SUBSECTION.  7.  A member of the commission shall
  1  4 comply with requirements made applicable to members pursuant
  1  5 to Code chapter 99G.
  1  6    Sec. 2.  Section 99G.8, Code 2005, is amended by striking
  1  7 the section and inserting in lieu thereof the following:
  1  8    99G.8  BOARD OF DIRECTORS.
  1  9    1.  The authority shall be administered by a board of
  1 10 directors which shall be the state racing and gaming
  1 11 commission created under section 99D.5.
  1 12    2.  Board members shall not have any direct or indirect
  1 13 interest in an undertaking that puts their personal interest
  1 14 in conflict with that of the authority, including but not
  1 15 limited to an interest in a major procurement contract or a
  1 16 participating retailer.
  1 17    3.  The board of directors may delegate to the chief
  1 18 executive officer of the authority such powers and duties as
  1 19 it may deem proper to the extent such delegation is not
  1 20 inconsistent with the Constitution of this state.
  1 21                           EXPLANATION
  1 22    This bill provides that the racing and gaming commission
  1 23 shall be the board of directors of the Iowa lottery authority.
  1 24 Under current law, a separate Iowa lottery authority board of
  1 25 directors exists and that board is eliminated by the bill.
  1 26 The current duties and requirements of the Iowa lottery
  1 27 authority board are made the responsibility of the racing and
  1 28 gaming commission by the bill.
  1 29 LSB 5532HH 81
  1 30 ec:nh/je/5