Bills › 91st General Assembly

HSB 733Died when the session ended · February 12, 2026

Modifying state income tax withholdings for winnings derived from slot machines, and including effective date provisions

Topics:Alcohol, cannabis & gamingTaxes

Where it is now

  1. Done: IntroducedFebruary 12, 2026
  2. Done: SubcommitteeFebruary 12, 2026
  3. Stopped: House committeeDied when the General Assembly ended
  4. Next: Passes the House
  5. Next: Senate committeeFunnel: by March 20, 2026
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

AI summary People who win money from slot machines would see a change in how much state tax is taken out of their winnings. Instead of automatically taking taxes out of any win over $1,200, the state would only withhold money if the win must be reported to the federal government.1

Read the official explanation

This bill modifies state income tax withholdings for winnings derived from slot machines. Currently, state income tax is required to be withheld from winnings derived from a slot machine in excess of $1,200. The bill strikes the $1,200 threshold requirement, and requires state income tax withholdings only if the slot machine winnings are required to be reported on an information return for federal purposes. An information return is generally a return that sends information to the federal Internal Revenue Service that reports specific transactions but does not calculate the amount of tax owed. The bill takes effect upon enactment.

Full bill text2

House subcommittee

Named February 12, 2026. Meeting: Thursday, February 26 · 12:30 PM · House Lounge (Cancelled).

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

Iowa Code it changes

Amends§422.16

How the Code works3

Lobbying

6 for · 0 against · 5 undecided · Who →