Bills › 89th General Assembly
HSB 614
Topics:State government
Where it is now
- Done: IntroducedJanuary 25, 2022
- Done: SubcommitteeJanuary 25, 2022
- Done: House committeeFebruary 3, 2022
- Skipped: Passes the HouseContinued as HF 2286
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 2286 → Its progress continues under the new number. Go to HF 2286 What’s a funnel?
What’s in it
This bill provides that taxes imposed and collected for internet fantasy sports contests and sports wagering shall be deposited in the county endowment fund created in Code section 15E.311 and not the sports wagering receipts fund. The bill provides that for the fiscal year beginning July 1, 2022, any unobligated and unencumbered moneys in the sports wagering receipts fund from the previous fiscal year shall be appropriated to the county endowment fund. The bill strikes a reference to the sports wagering receipts fund in Code section 15E.311 and provides that the sports wagering receipts fund is repealed June 30, 2023.
House subcommittee
Named January 25, 2022. On February 10, 2022 it recommended passage. Vote Total: 3-0.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Fiscal note
5 million to the County Endowment Fund in FY 2023. 75 million appropriation to the IDPH. At this time, the ongoing annual tax revenue to the County Endowment Fund from sports wagering and Internet fantasy sports contests is difficult to estimate. This is due in part to the novelty of sports wagering in the State, combined with the impact of the COVID-19 pandemic on the market. 3 million annually.
- Sports Wagering Receipt Fund · March 21, 2022
- Sports Wagering Receipt Fund · March 7, 2022
- Sports Wagering Receipt Fund · February 22, 2022
Iowa Code it changes
Lobbying
3 for · 1 against · 11 undecided · Who →
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Study bill
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