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

HSB 122: HSB 122

Became HF 673 · 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.

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 February 1, 2023

Rep. Bobby Kaufmann (R) · bobby.kaufmann@legis.iowa.gov
Rep. Brian Best (R)
Rep. Elizabeth Wilson (D) · elizabeth.wilson@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

February 1, 2023Filed in the House and sent to the Ways and Means committee
February 1, 2023House subcommittee named: Kaufmann, Best and Wilson
March 14, 2023Subcommittee recommended passing it
March 16, 2023Approved by the House committee
March 20, 2023Approved by the House committee, and given a new number: HF 673