Bill Text: IA HF2224 | 2019-2020 | 88th General Assembly | Introduced
Bill Title: A bill for an act appropriating certain tax receipts concerning internet fantasy sports contests and sports wagering to the emergency medical services fund. (Formerly HSB 508.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2020-02-11 - Subcommittee recommends passage. [HF2224 Detail]
Download: Iowa-2019-HF2224-Introduced.html
House
File
2224
-
Introduced
HOUSE
FILE
2224
BY
COMMITTEE
ON
STATE
GOVERNMENT
(SUCCESSOR
TO
HSB
508)
A
BILL
FOR
An
Act
appropriating
certain
tax
receipts
concerning
internet
1
fantasy
sports
contests
and
sports
wagering
to
the
emergency
2
medical
services
fund.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
TLSB
5242HV
(2)
88
ec/rn
H.F.
2224
Section
1.
Section
8.57,
subsection
6,
Code
2020,
is
amended
1
by
adding
the
following
new
paragraphs:
2
NEW
PARAGRAPH
.
f.
For
the
fiscal
year
beginning
July
1,
3
2020,
any
unobligated
and
unencumbered
moneys
in
the
sports
4
wagering
receipts
fund
from
the
previous
fiscal
year
are
5
appropriated
to
the
emergency
medical
services
fund
created
in
6
section
135.25.
7
NEW
PARAGRAPH
.
g.
This
subsection
is
repealed
June
30,
8
2021.
9
Sec.
2.
Section
99E.6,
subsection
2,
Code
2020,
is
amended
10
to
read
as
follows:
11
2.
The
taxes
imposed
by
this
section
for
internet
fantasy
12
sports
contests
authorized
under
this
chapter
shall
be
paid
by
13
the
internet
fantasy
sports
contest
service
provider
to
the
14
treasurer
of
state
as
determined
by
the
commission
and
shall
be
15
credited
as
provided
in
section
8.57,
subsection
6
deposited
in
16
the
emergency
medical
services
fund
created
in
section
135.25
.
17
Sec.
3.
Section
99F.11,
subsection
4,
paragraph
b,
Code
18
2020,
is
amended
to
read
as
follows:
19
b.
The
taxes
imposed
by
this
subsection
for
sports
wagering
20
authorized
under
this
chapter
shall
be
paid
by
the
licensed
21
operator
to
the
treasurer
of
state
as
determined
by
the
22
commission
and
shall
be
credited
as
provided
in
section
8.57,
23
subsection
6
deposited
in
the
emergency
medical
services
fund
24
created
in
section
135.25
.
25
EXPLANATION
26
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
27
the
explanation’s
substance
by
the
members
of
the
general
assembly.
28
This
bill
provides
that
taxes
imposed
and
collected
for
29
internet
fantasy
sports
contests
and
sports
wagering
shall
be
30
deposited
in
the
emergency
medical
services
fund
created
in
31
Code
section
135.25
and
not
the
sports
wagering
receipts
fund.
32
The
bill
provides
that
for
the
fiscal
year
beginning
July
1,
33
2020,
any
unobligated
and
unencumbered
moneys
in
the
sports
34
wagering
receipts
fund
from
the
previous
fiscal
year
shall
be
35
-1-
LSB
5242HV
(2)
88
ec/rn
1/
2
