Senate File 166 - Reprinted SENATE FILE 166 BY COMMITTEE ON STATE GOVERNMENT (SUCCESSOR TO SSB 1068) (As Amended and Passed by the Senate March 12, 2015 ) A BILL FOR An Act relating to fantasy sports contests. 1 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 2 SF 166 (2) 86 ec/nh/jh
S.F. 166 Section 1. Section 99B.11, subsection 2, Code 2015, 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 the value of the prizes or awards is not 6 determined by the number of participants or the amount of 7 any fees paid by the participants. All winning outcomes in 8 such contest shall reflect the relative knowledge and skill 9 of the participants and shall be determined predominantly 10 by accumulated statistical results of the performance of 11 individuals, including athletes in the case of sports events, 12 in multiple actual sporting events, and no winning outcome 13 shall be based on the score, point spread, or any performance 14 or performances of any single actual team or combination of 15 such teams or solely on any single performance of an individual 16 athlete in any single actual sporting event. For purposes 17 of this paragraph, “athlete” does not include an athlete 18 participating in any extracurricular interscholastic athletic 19 contest or competition which is sponsored or administered by an 20 organization as defined in section 280.13. 21 Sec. 2. FANTASY OR SIMULATION SPORTS CONTEST STUDY. 22 1. The department of inspections and appeals shall, 23 beginning no earlier than July 1, 2016, conduct a study 24 concerning the impact of defining a fantasy or simulation 25 sports contest as a bona fide contest as provided in this 26 Act. The department shall solicit input concerning the 27 impact of this Act from licensees regulated by the racing 28 and gaming commission, individuals involved in gambling 29 treatment programs, fantasy sports contest providers, and other 30 interested stakeholders. Input received by the department 31 shall be included in the study. 32 2. The department shall submit a report, including any 33 findings and recommendations, to the general assembly by 34 December 1, 2016. 35 -1- SF 166 (2) 86 ec/nh/jh 1/ 1