Senate File 2071 - Introduced SENATE FILE 2071 BY SINCLAIR A BILL FOR An Act relating to bingo games, including the price to play and 1 the value of merchandise prizes. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 5181XS (2) 90 nls/ns
S.F. 2071 Section 1. Section 99B.21, subsection 1, paragraph c, Code 1 2024, is amended to read as follows: 2 c. A licensed qualified organization shall not conduct or 3 offer free bingo games or bingo games for which the price to 4 play exceeds fifty dollars per game . 5 Sec. 2. Section 99B.21, subsection 2, paragraph c, Code 6 2024, is amended to read as follows: 7 c. A merchandise prize may be awarded in the game of bingo, 8 but the actual retail value of the prize, or if the prize 9 consists of more than one item, unit, or part, the aggregate 10 retail value of all items, units, or parts, shall not exceed 11 two nine hundred fifty dollars in value. However, if the 12 merchandise prize solely consists of one firearm, the actual 13 retail value of the prize shall not exceed five thousand 14 dollars. 15 EXPLANATION 16 The inclusion of this explanation does not constitute agreement with 17 the explanation’s substance by the members of the general assembly. 18 This bill relates to bingo games provided by a licensed 19 qualified organization. 20 The bill prohibits a licensed qualified organization from 21 conducting or offering a bingo game for which the price to play 22 exceeds $50 per game. The bill also increases the maximum 23 permissible value of a merchandise prize awarded in a game of 24 bingo from $250 to $950, unless the merchandise prize consists 25 solely of one firearm, in which case the maximum permissible 26 value is $5,000. 27 -1- LSB 5181XS (2) 90 nls/ns 1/ 1