A bill for an act relating to the distribution of gambling games and sports wagering receipts in this state for nonprofit purposes, and including applicability provisions.

Summary

The bill requires licensed gambling and sports wagering operators to set aside at least 3% of their adjusted gross receipts for nonprofit uses. Of those nonprofit funds, at least 75% must be distributed proportionally to Iowa counties based on where the contributing players reside. Operators must report these distributions annually, and penalties apply for non‑compliance.

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