Bill Text: IA HF2196 | 2019-2020 | 88th General Assembly | Introduced
Bill Title: A bill for an act relating to setoff requirements concerning certain winnings on wagers. (Formerly HSB 502; See HF 2623.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2020-06-04 - Withdrawn. H.J. 642. [HF2196 Detail]
Download: Iowa-2019-HF2196-Introduced.html
House
File
2196
-
Introduced
HOUSE
FILE
2196
BY
COMMITTEE
ON
STATE
GOVERNMENT
(SUCCESSOR
TO
HSB
502)
A
BILL
FOR
An
Act
relating
to
setoff
requirements
concerning
certain
1
winnings
on
wagers.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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2196
Section
1.
Section
99D.28,
subsection
1,
Code
2020,
is
1
amended
to
read
as
follows:
2
1.
A
licensee
or
a
person
acting
on
behalf
of
a
licensee
3
shall
be
provided
electronic
access
to
the
names
of
the
4
persons
indebted
to
a
claimant
agency
pursuant
to
the
process
5
established
pursuant
to
section
99D.7,
subsection
24
.
The
6
electronic
access
provided
by
the
claimant
agency
shall
include
7
access
to
the
names
of
the
debtors,
their
social
security
8
numbers,
and
any
other
information
that
assists
the
licensee
9
in
identifying
the
debtors.
If
the
name
of
a
debtor
provided
10
to
the
licensee
through
electronic
access
is
retrieved
by
the
11
licensee
and
the
winnings
are
equal
to
or
greater
than
one
12
thousand
two
hundred
dollars
per
occurrence
required
to
be
13
reported
on
internal
revenue
service
form
W-2G
for
gambling
14
winnings
,
the
retrieval
of
such
a
name
shall
constitute
a
15
valid
lien
upon
and
claim
of
lien
against
the
winnings
of
the
16
debtor
whose
name
is
electronically
retrieved
from
the
claimant
17
agency.
If
a
debtor’s
winnings
are
equal
to
or
greater
than
18
one
thousand
two
hundred
dollars
per
occurrence
required
to
be
19
reported
on
internal
revenue
service
form
W-2G
for
gambling
20
winnings
,
the
full
amount
of
the
debt
shall
be
collectible
21
from
any
winnings
due
the
debtor
without
regard
to
limitations
22
on
the
amounts
that
may
be
collectible
in
increments
through
23
setoff
or
other
proceedings.
24
Sec.
2.
Section
99F.19,
subsection
1,
Code
2020,
is
amended
25
to
read
as
follows:
26
1.
A
licensee
or
a
person
acting
on
behalf
of
a
licensee
27
shall
be
provided
electronic
access
to
the
names
of
the
28
persons
indebted
to
a
claimant
agency
pursuant
to
the
process
29
established
pursuant
to
section
99F.4,
subsection
26
.
The
30
electronic
access
provided
by
the
claimant
agency
shall
include
31
access
to
the
names
of
the
debtors,
their
social
security
32
numbers,
and
any
other
information
that
assists
the
licensee
33
in
identifying
the
debtors.
If
the
name
of
a
debtor
provided
34
to
the
licensee
through
electronic
access
is
retrieved
by
the
35
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H.F.
2196
licensee
and
the
winnings
are
equal
to
or
greater
than
one
1
thousand
two
hundred
dollars
per
occurrence
required
to
be
2
reported
on
internal
revenue
service
form
W-2G
for
gambling
3
winnings
,
the
retrieval
of
such
a
name
shall
constitute
a
4
valid
lien
upon
and
claim
of
lien
against
the
winnings
of
the
5
debtor
whose
name
is
electronically
retrieved
from
the
claimant
6
agency.
If
a
debtor’s
winnings
are
equal
to
or
greater
than
7
one
thousand
two
hundred
dollars
per
occurrence
required
to
be
8
reported
on
internal
revenue
service
form
W-2G
for
gambling
9
winnings
,
the
full
amount
of
the
debt
shall
be
collectible
10
from
any
winnings
due
the
debtor
without
regard
to
limitations
11
on
the
amounts
that
may
be
collectible
in
increments
through
12
setoff
or
other
proceedings.
13
EXPLANATION
14
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
15
the
explanation’s
substance
by
the
members
of
the
general
assembly.
16
This
bill
concerns
setoff
requirements
related
to
winnings
17
on
wagers
under
Code
chapters
99D
and
99F.
18
Under
current
law,
a
debtor
who
wins
money
on
a
wager
at
a
19
racetrack,
excursion
gambling
boat,
or
gambling
structure
in
20
this
state
is
subject
to
a
setoff
from
those
winnings
of
the
21
amount
of
debt
owed
if
the
winnings
are
equal
to
or
greater
22
than
$1,200.
The
bill
strikes
the
dollar
threshold
amount
23
in
Code
sections
99D.28
and
99F.19
and
provides
that
debtors
24
are
subject
to
the
setoff
if
the
winnings
are
required
to
be
25
reported
on
internal
revenue
service
form
W-2G
for
gambling
26
winnings.
The
requirements
to
file
internal
revenue
service
27
form
W-2G
depend
on
the
amount
of
winnings
and
the
type
of
28
wager.
29
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