House File 2128 - Introduced HOUSE FILE 2128 BY HIGHFILL A BILL FOR An Act relating to fantasy sports contests. 1 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 2 TLSB 5133YH (8) 85 ec/nh
H.F. 2128 Section 1. Section 99B.11, subsection 2, Code 2014, is 1 amended by adding the following new paragraph: 2 NEW PARAGRAPH . f. A fantasy or simulation sports contest 3 in which all prizes and awards offered to winning participants 4 are established and made known to the participants in advance 5 of the contest and their value is not determined by the 6 number of participants or the amount of any fees paid by the 7 participants. All winning outcomes in such contest shall 8 reflect the relative knowledge and skill of the participants 9 and shall be determined predominantly by accumulated 10 statistical results of the performance of individuals, 11 including athletes in the case of sports events, in multiple 12 actual sporting or other events, and no winning outcome shall 13 be based on the score, point spread, or any performance or 14 performances of any single actual team or combination of such 15 teams or solely on any single performance of an individual 16 athlete in any single actual sporting or other event. 17 EXPLANATION 18 The inclusion of this explanation does not constitute agreement with 19 the explanation’s substance by the members of the general assembly. 20 This bill authorizes the paying of awards and prizes to 21 participants in fantasy sports contests. 22 Code section 99B.11, concerning bona fide contests, is 23 amended to provide that a fantasy or simulation sports contest 24 is a bona fide contest, allowing the payment of awards to 25 persons winning the contest, if certain conditions are met. 26 The bill provides that a fantasy sports contest is a bona 27 fide contest if all prizes and awards offered to winning 28 participants are established and made known in advance of the 29 contest, all winning outcomes reflect the relative knowledge 30 and skill of the participants and are determined predominantly 31 by accumulated statistical results of the performance of 32 individuals in multiple actual sporting events, and no winning 33 outcome is based on the score, or performance of any single 34 actual team or combination of such teams or solely on any 35 -1- LSB 5133YH (8) 85 ec/nh 1/ 2
H.F. 2128 single performance of an individual athlete in any single 1 actual sporting or other event. 2 -2- LSB 5133YH (8) 85 ec/nh 2/ 2