This bill amends Section 99F.6 of the Iowa Code to enhance the distribution requirements for gambling games and sports wagering receipts intended for nonprofit purposes. It mandates that a qualified sponsoring organization licensed to operate gambling games must distribute at least 75 percent of the required receipts on a pro rata basis to Iowa counties where players or participants reside. The bill specifies that licensees must maintain records to determine the county of residence of all contributors to the gambling receipts, and distributions will be based on the gross receipts generated from each county. Additionally, it allows for the distribution of receipts from non-residents to be proportionally allocated among Iowa counties.

The bill introduces penalties for non-compliance, including a civil penalty of up to 5 percent of the total required distribution, which will be collected by the commission and deposited into the state’s general fund. The commission is also empowered to order the redistribution of any moneys not distributed as required and may impose further disciplinary actions, including license suspension, for willful or repeated non-compliance. This legislation applies to gambling games and sports wagering receipts collected in fiscal years beginning on or after the bill's effective date.

Statutes affected:
Introduced: 99F.6