Iowa SSB3002 amends the Code to allow entities with agreements for source market fees to conduct pari-mutuel wagering on simultaneously telecast dog.

Iowa SSB3002 modifies the Code to permit entities that have entered into agreements with the Iowa horsemen’s benevolent and protective association for source market fees to conduct pari-mutuel wagering on simultaneously telecast dog races. The bill specifies that the Iowa Racing and Gaming Commission will establish annual license and regulatory fees for these entities, and mandates annual audits of their operations. The tax revenue from simulcast horse races will be deposited in the Iowa horse racing fund, with the remaining amount going to the commission.

Iowa SSB3002 amends the Code to allow entities with agreements for source market fees to conduct pari-mutuel wagering on simultaneously telecast dog.

Iowa SSB3002 modifies the Code to permit entities that have entered into agreements with the Iowa horsemen’s benevolent and protective association for source market fees to conduct pari-mutuel wagering on simultaneously telecast dog races. The bill specifies that the Iowa Racing and Gaming Commission will establish annual license and regulatory fees for these entities, and mandates annual audits of their operations. The tax revenue from simulcast horse races will be deposited in the Iowa horse racing fund, with the remaining amount going to the commission.