SF 2071 (LSB 5181XS (2) 90)

SENATE FILE 2071

BY  SINCLAIR

A BILL FOR

An Act relating to bingo games, including the price to play and the value of merchandise prizes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 99B.21, subsection 1, paragraph c, Code 2024, is amended to read as follows:
   c.  A licensed qualified organization shall not conduct or offer free bingo games or bingo games for which the price to play exceeds fifty dollars per game.
    Sec. 2.  Section 99B.21, subsection 2, paragraph c, Code 2024, is amended to read as follows:
   c.  A merchandise prize may be awarded in the game of bingo, but the actual retail value of the prize, or if the prize consists of more than one item, unit, or part, the aggregate retail value of all items, units, or parts, shall not exceed two nine hundred fifty dollars in value.  However, if the merchandise prize solely consists of one firearm, the actual retail value of the prize shall not exceed five thousand dollars.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to bingo games provided by a licensed qualified organization.
   The bill prohibits a licensed qualified organization from conducting or offering a bingo game for which the price to play exceeds $50 per game. The bill also increases the maximum permissible value of a merchandise prize awarded in a game of bingo from $250 to $950, unless the merchandise prize consists solely of one firearm, in which case the maximum permissible value is $5,000.