SSB 3002 (LSB 5651XC (3) 91)

SENATE FILE _____ 

BY  (PROPOSED COMMITTEE ON STATE GOVERNMENT BILL BY CHAIRPERSON ROZENBOOM)

A BILL FOR

An Act relating to licenses to conduct pari-mutuel wagering on simultaneously telecast dog races, and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 99D.9D, Code 2026, is amended to read as follows:
   99D.9D  Alternative simulcasting licensure —— horse and dog races.
   1.  An entity that has entered into an agreement with the Iowa horsemen’s benevolent and protective association for source market fees related to simultaneously telecast horse or dog races may submit an application to the commission for a license under this chapter to conduct pari-mutuel wagering on simultaneously telecast horse or dog races, subject to the requirements of this section. Unless inconsistent with the requirements of this section, an entity submitting an application for a license under this section shall comply with all requirements for submitting an application for a license under this chapter.
   2.  If an application for a license under subsection 1 is approved by the commission pursuant to the requirements of this section and section 99D.9, the entity submitting the application shall be granted a license under this section to conduct pari-mutuel wagering on simultaneously telecast horse or dog races conducted at a facility of a licensee authorized to conduct gambling games under chapter 99D or chapter 99F pursuant to an agreement with the licensee of that facility as authorized by this section. A licensee issued a license pursuant to this section shall comply with all requirements of this chapter applicable to licensees unless otherwise inconsistent with the provisions of this section.
   3.  A license issued pursuant to this section shall authorize the licensee to enter into an agreement with any licensee authorized to operate an excursion gambling boat or gambling structure under chapter 99F to conduct, without the requirement to conduct live horse or dog races at the facility, pari-mutuel wagering on simultaneously telecast horse or dog races at the facility of the licensee authorized to operate an excursion gambling boat or gambling structure under chapter 99F.
   4.  The commission shall establish an annual license fee and regulatory fee for any entity issued a license under this section to conduct pari-mutuel wagering on simultaneously telecast horse or dog races as authorized by this section. The commission shall not impose any other fees for simultaneously telecast horse or dog races conducted by any licensee under this section.
   5.  The commission shall require that an annual audit be conducted and submitted to the commission, in a manner determined by the commission, concerning the operation of the simultaneously telecast horse or dog races by any licensee under this section.
    Sec. 2.  Section 99D.15, subsection 4, paragraph b, Code 2026, is amended to read as follows:
   b.  If wagering on simultaneously telecast horse races and dog races is conducted by a licensee under section 99D.9D, a tax of two percent is imposed on the gross sum wagered by the pari-mutuel method on horse races and dog races which are simultaneously telecast in excess of twenty-five million dollars in a calendar year. The tax revenue from simulcast horse races under this paragraph shall be deposited in the Iowa horse racing fund created in section 99D.27B. The remaining amount of tax revenue shall be deposited with the commission.
    Sec. 3.  EFFECTIVE DATE.  This Act takes effect July 1, 2027.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill removes the authority of the state racing and gaming commission to issue licenses to conduct pari-mutuel wagering on simultaneously telecast dog races to an entity that has entered into an agreement with the Iowa horsemen’s benevolent and protective association for source market fees. The bill takes effect July 1, 2027.
   The bill does not otherwise amend or eliminate authorizations for or references in the Code to dog racing generally or wagering on simultaneously telecast dog races under other licenses.