This bill amends existing legislation regarding licenses for conducting pari-mutuel wagering on simultaneously telecast races. Specifically, it removes the authority for the state racing and gaming commission to issue licenses for pari-mutuel wagering on dog races, limiting the licensing to horse races only. The amendments include the deletion of references to dog races throughout the relevant sections of the Code, including the requirements for entities applying for licenses and the tax implications associated with wagering.

The bill establishes that entities can only apply for licenses to conduct pari-mutuel wagering on horse races if they have an agreement with the Iowa horsemen's benevolent and protective association for source market fees. Additionally, it sets an effective date for the changes to take place on July 1, 2027. While the bill eliminates the licensing for dog races, it does not affect other existing authorizations or references to dog racing in the Code.

Statutes affected:
Introduced: 99D.9D, 99D.9