HSB 757·IA·house
A bill for an act relating to authorizations to conduct advance deposit wagering.
Reported by CommitteeFiled Feb 25, 2026
Sponsor: COMMITTEE ON WAYS AND MEANS
Latest Action
Committee report approving bill, renumbered as HF 2779.
Apr 16, 2026
Summary
The bill lets the Iowa Racing and Gaming Commission license an entity to offer account‑based pari‑mutuel betting (advance‑deposit wagering) at the Polk County racetrack. Half of the net revenue, after taxes and expenses, goes to horse purses and the other half to the track owner. This creates a new betting option while directing funds to both the sport and the venue.
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