House File 2779 - Introduced HOUSE FILE 2779 BY COMMITTEE ON WAYS AND MEANS (SUCCESSOR TO HSB 757) A BILL FOR An Act relating to authorizations to conduct advance deposit 1 wagering. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 6904HV (3) 91 ss/ns

H.F. 2779 Section 1. Section 99D.11, subsection 6, paragraph c, 1 subparagraphs (1) and (2), Code 2026, are amended to read as 2 follows: 3 (1) The commission shall authorize the licensee of the horse 4 racetrack located in Polk county an entity that complies with 5 section 99D.9D to conduct advance deposit wagering. An advance 6 deposit wager may be placed in person at a licensed racetrack 7 enclosure, or from any other location via a telephone-type 8 device or any other electronic means , except that an advance 9 deposit wager shall not be placed via a telephone-type device 10 or other electronic means from a location within five miles 11 of a licensed racetrack enclosure unless the advance deposit 12 wagering operator has entered into an agreement with the 13 racetrack licensee to authorize such wagers . The commission 14 may also issue an advance deposit wagering operator license 15 to an entity who complies with subparagraph (3) and section 16 99D.8A . 17 (2) For the purposes of this section , “advance deposit 18 wagering” means a method of pari-mutuel wagering in which an 19 individual may establish an account, deposit money into the 20 account, and use the account balance to pay for pari-mutuel 21 wagering. Of the net revenue, less all taxes paid and expenses 22 directly related to account deposit wagering incurred by the 23 licensee of the horse racetrack located in Polk county an 24 entity that complies with section 99D.9D , received through 25 advance deposit wagering, fifty percent shall be designated for 26 the horse purses created pursuant to section 99D.7, subsection 27 5 , and fifty percent shall be designated for the licensee for 28 the pari-mutuel horse racetrack located in Polk county entity 29 that complies with section 99D.9D . 30 EXPLANATION 31 The inclusion of this explanation does not constitute agreement with 32 the explanation’s substance by the members of the general assembly. 33 This bill relates to authorizations to conduct advance 34 deposit wagering. The bill requires the state racing and 35 -1- LSB 6904HV (3) 91 ss/ns 1/ 2

H.F. 2779 gaming commission (commission) to authorize an entity that 1 complies with Code section 99D.9D (alternative simulcasting 2 licensure —— horse and dog races) to conduct advance deposit 3 wagering. The bill prohibits an advance deposit wager from 4 being placed via a telephone-type device or other electronic 5 means from a location within five miles of a licensed racetrack 6 enclosure unless the advance deposit wagering operator has 7 entered into an agreement with the racetrack licensee to 8 authorize such wagers. The bill strikes a requirement that 9 the commission authorize the licensee of the horse racetrack 10 located in Polk county to conduct advance deposit wagering. 11 The bill designates 50 percent of associated revenue for the 12 entity that complies with Code section 99D.9D. Under current 13 law and the bill, an agreement with the licensee of the horse 14 racetrack located in Polk county is required before granting an 15 advance deposit wagering operator license. 16 -2- LSB 6904HV (3) 91 ss/ns 2/ 2