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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 673: Relating to certain tax receipts on internet fantasy sports contests and sports wagering, providing for tax credits, making appropriations, and including applicability, retroactive applicability, and effective date provisions

Became HF 710 · Its progress continues under the new number.

What it does

This bill concerns the distribution of tax receipts from internet fantasy sports contests and sports wagering. The bill is organized by divisions.311 and not the sports wagering receipts fund. The bill also provides that taxes imposed and collected for sports wagering shall not be deposited in the sports wagering receipts fund.311, and the remaining amount of taxes paid after all other distributions are made shall be appropriated to the economic development authority for equal distribution to qualified sponsoring organizations licensed to operate gambling games under Code chapter 99F.

Sponsors

Ways and Means committee

Cost

See the fiscal note

Figure 2 includes the fiscal impact to the SWRF and General Fund for FY 2023 through FY 2028 when including the increase to the General Fund from the SWRF appropriation and the anticipated timing of the Endow Iowa Tax Credit award claims from the increased awa…

House subcommittee · named April 7, 2023

  • Rep. Jacob Bossman (R) · jacob.bossman@legis.iowa.gov
  • Rep. Timi M. Brown-Powers (D) · timi.brown-powers@legis.iowa.gov
  • Rep. Henry Stone (R) · henry.stone@legis.iowa.gov

Lobbying · 5 for, 0 against

For: Council Bluffs Chamber of Commerce; Iowa Community Foundations; Iowa West Racing Association; Marshalltown Area Chamber of Commerce; Prairie Meadows Racetrack and Casino

In plain words

  1. March 20, 2023Filed in the House and sent to the Appropriations committee
  2. April 7, 2023House subcommittee named: Bossman, Brown-Powers and Stone
  3. April 10, 2023Subcommittee recommended passing it
  4. April 10, 2023Cost estimate (fiscal note) posted
  5. April 10, 2023Approved by the House committee
  6. April 10, 2023Approved by the House committee, and given a new number: HF 710
  7. April 13, 2023Withdrawn

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/HF673