Section 99D.1 – Short title.
99D.1 Short title. This chapter shall be known and may be cited as the “Iowa Pari-mutuel Wagering Act”. 83 Acts, ch 187, §1
Section 99D.10 – Bond of licensee.
99D.10 Bond of licensee. A licensee licensed under section 99D.9, including a licensee issued a license subject to the requirements of section 99D.9C, shall post a bond to the state of Iowa before the license is issued in a sum as the commission shall fix, with sureties to be approved by the commission. The bond […]
Section 99D.11 – Pari-mutuel wagering — advance deposit wagering — televising races — age restrictions.
99D.11 Pari-mutuel wagering — advance deposit wagering — televising races — age restrictions. 1. Except as permitted in this section, the licensee shall permit no form of wagering on the results of the races. 2. Licensees shall only permit the pari-mutuel or certificate method of wagering, or the advance deposit method of wagering, as defined […]
Section 99D.12 – Breakage.
99D.12 Breakage. A licensee shall deduct the breakage from the pari-mutuel pool which shall be distributed to the breeders of Iowa-foaled horses and Iowa-whelped dogs in the manner described in section 99D.22. The remainder of the breakage shall be distributed as follows: 1. In horse races the breakage shall be retained by the licensee to […]
Section 99D.13 – Unclaimed winnings — appropriation.
99D.13 Unclaimed winnings — appropriation. 1. Winnings provided in section 99D.11 not claimed by the person who placed the wager within sixty days of the close of the racing meet during which the wager was placed shall be forfeited. 2. Winnings from each racetrack forfeited under subsection 1 shall escheat to the state and to […]
Section 99D.14 – Race meetings — tax — fees — tax exemption.
99D.14 Race meetings — tax — fees — tax exemption. 1. A licensee under section 99D.9 shall pay the tax imposed by section 99D.15. 2. a. (1) A licensee shall pay a regulatory fee to be charged as provided in this section. In determining the regulatory fee to be charged as provided under this section, […]
Section 99D.15 – Pari-mutuel wagering taxes — rate — credit.
99D.15 Pari-mutuel wagering taxes — rate — credit. 1. A tax of six percent is imposed on the gross sum wagered by the pari-mutuel method at each horse race meeting. The tax imposed by this subsection shall be paid by the licensee to the commission within ten days after the close of each horse race […]
Section 99D.16 – Withholding tax on winnings.
99D.16 Withholding tax on winnings. All winnings provided in section 99D.11 are Iowa earned income and are subject to state and federal income tax laws. An amount deducted from winnings for payment of the state tax, pursuant to section 422.16, subsection 1, shall be remitted to the department of revenue on behalf of the individual […]
Section 99D.17 – Use of funds.
99D.17 Use of funds. Funds received pursuant to sections 99D.14 and 99D.15 shall be deposited as provided in section 8.57, subsection 5, and shall be subject to the requirements of section 8.60. These funds shall first be used to the extent appropriated by the general assembly. The commission is subject to the budget requirements of […]
Section 99D.19 – Licensees — records, reports, supervision — confidentiality.
99D.19 Licensees — records, reports, supervision — confidentiality. 1. A licensee shall keep its books and records so as to clearly show the following: a. The total number of admissions for each day of operation. b. The total amount of money wagered for each day of operation. 2. The licensee shall furnish to the commission […]
Section 99D.2 – Definitions.
99D.2 Definitions. As used in this chapter unless the context otherwise requires: 1. “Applicant” means an individual applying for an occupational license or the officers and members of the board of directors of a nonprofit corporation applying for a license to conduct a race where pari-mutuel wagering would be permitted under this chapter. 2. “Breakage” […]
Section 99D.20 – Audit of licensee operations.
99D.20 Audit of licensee operations. Within ninety days after the end of each calendar year, the licensee, including a licensee issued a license subject to the requirements of section 99D.9C, shall transmit to the commission an audit of the financial transactions and condition of the licensee’s operations conducted under this chapter. Additionally, within ninety days […]
Section 99D.21 – Annual report of commission.
99D.21 Annual report of commission. The commission shall make an annual report to the governor, for the period ending December 31 of each year. Included in the report shall be an account of the commission’s actions, its financial position and results of operation under this chapter, the practical results attained under this chapter, and any […]
Section 99D.22 – Native horses or dogs.
99D.22 Native horses or dogs. 1. a. (1) A licensee shall hold at least one race on each racing day limited to Iowa-foaled horses or Iowa-whelped dogs as defined by the department of agriculture and land stewardship using standards consistent with this section. However, if sufficient competition cannot be had among that class of horses […]
Section 99D.23 – Commission veterinarian and chemist.
99D.23 Commission veterinarian and chemist. 1. The commission shall employ one or more chemists or contract with a qualified chemical laboratory to determine by chemical testing and analysis of saliva, urine, blood, hair, or other excretions or body fluids whether a substance or drug has been introduced which may affect the outcome of a race […]
Section 99D.24 – Prohibited activities — penalty.
99D.24 Prohibited activities — penalty. 1. A person is guilty of an aggravated misdemeanor for doing any of the following: a. Holding or conducting a race or race meeting where the pari-mutuel system of wagering is used or to be used without a license issued by the commission. b. Holding or conducting a race or […]
Section 99D.25 – Drugging or numbing — exception — tests — reports — penalties.
99D.25 Drugging or numbing — exception — tests — reports — penalties. 1. As used in this section, unless the context otherwise requires: a. “Drugging” means administering to a horse or dog any substance foreign to the natural horse or dog prior to the start of a race. However, in counties with a population of […]
Section 99D.25A – Administration of furosemide or phenylbutazone.
99D.25A Administration of furosemide or phenylbutazone. 1. As used in this section unless the context otherwise requires: a. “Bleeder” means, according to its context, any of the following: (1) A horse which, during a race or exercise, is observed by the commission veterinarian or a licensed practicing veterinarian to be shedding blood from one or […]
Section 99D.26 – Forfeiture of property.
99D.26 Forfeiture of property. 1. Anything of value, including all traceable proceeds including but not limited to real and personal property, moneys, negotiable instruments, securities, and conveyances are subject to forfeiture to the state of Iowa if the item was used for any of the following: a. In exchange for a bribe intended to affect […]
Section 99D.27 – Racing dog adoption program.
99D.27 Racing dog adoption program. A track licensed to race dogs under this chapter shall maintain a racing dog adoption program. The track shall advertise the availability of adoptable dogs in the media, including but not limited to racing programs. The track shall compile a list of persons applying to adopt a dog. A dog’s […]