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

HF 710: Relating to the endow Iowa tax credit, making appropriations, and including retroactive applicability and effective date provisions

Signed into law

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

Appropriations (successor To Hsb 122) 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…

Senate subcommittee · named April 20, 2023

  • Sen. Chris Cournoyer (R)
  • Sen. William A. Dotzler Jr. (D) · bill.dotzler@legis.iowa.gov
  • Sen. Carrie Koelker (R) · carrie.koelker@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. April 10, 2023Filed in the House
  2. April 12, 2023Cost estimate (fiscal note) posted
  3. April 13, 2023Passed the House, 99–0
  4. April 18, 2023Sent to the Senate Ways and Means committee
  5. April 20, 2023Senate subcommittee named: Cournoyer, Dotzler and Koelker
  6. April 24, 2023Subcommittee recommended passing it with changes
  7. May 1, 2023Approved by the Senate committee
  8. May 3, 2023Passed the Senate, 47–0
  9. May 4, 2023Cost estimate (fiscal note) posted
  10. May 4, 2023Passed the House, 89–0
  11. May 9, 2023Sent to the Governor
  12. May 12, 2023Cost estimate (fiscal note) posted
  13. June 1, 2023Signed into law

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/HF710