Iowa 2025-2026 Regular Session

Iowa House Bill HF693

Introduced
2/28/25  

Caption

A bill for an act concerning the use of moneys in the county endowment fund for charitable organizations located in this state.

Impact

By restricting eligible organizations to those based solely within Iowa, the bill may impact a range of nonprofit and charitable activities across the state. Supporters of the bill may argue that this local focus ensures that the resources benefit Iowa residents directly, promoting community-oriented initiatives. Furthermore, the bill provides a mechanism for organizations to collect property information more effectively through a streamlined affidavit process, which could enhance the administrative efficiency of charitable organizations working with county endowment funds.

Summary

House File 693 aims to amend the existing laws concerning the use of funds derived from gambling activities—specifically the county endowment fund. The bill proposes that only charitable organizations located within the state of Iowa would qualify for funding from this source. Currently, a portion of the adjusted gross receipts tax from gambling games is allocated to this fund, which is then distributed to counties without legal casinos for charitable purposes. This legislative change seeks to refine the definition of what constitutes a charitable organization eligible for such funding.

Contention

There may be contention surrounding the narrowing of eligibility for the county endowment fund, as organizations located outside Iowa might feel disenfranchised and argue that their contributions or initiatives are also valuable to the state's charitable landscape. Additionally, the bill modifies a provision in the probate code regarding charitable organizations' ability to present affidavits for obtaining property, which could spark discussions around the balance between facilitating access for local beneficiaries and ensuring a fair process for all charitable entities.

Companion Bills

No companion bills found.

Previously Filed As

IA HF649

A bill for an act relating to probate law, including charitable organizations as named beneficiaries.(Formerly HF 515; See HF 2366.)

IA HF515

A bill for an act relating to probate law, including charitable organizations as named beneficiaries.(See HF 649, HF 2366.)

IA HF2366

A bill for an act relating to probate law, including charitable organizations as named beneficiaries. (Formerly HF 649, HF 515.) Effective date: 07/01/2024.

IA HF710

A bill for an act relating to the endow Iowa tax credit, making appropriations, and including retroactive applicability and effective date provisions. (Formerly HF 673, HSB 122.) Effective date: 06/01/2023. Applicability date: 01/01/2023.

IA HF673

A bill for an act relating to certain tax receipts on internet fantasy sports contests and sports wagering, providing for tax credits, making appropriations, and including applicability, retroactive applicability, and effective date provisions.(Formerly HSB 122; See HF 710.)

IA HSB122

A bill for an act relating to certain tax receipts on internet fantasy sports contests and sports wagering, providing for tax credits, making appropriations, and including applicability and effective date provisions.(See HF 673, HF 710.)

IA HF2622

A bill for an act relating to the powers, duties, and responsibilities of state government entities associated with the budget, financial control, and information technology, making penalties applicable, and making appropriations.(Formerly HSB 695; See HF 2708.)

IA HSB711

A bill for an act relating to the powers, duties, and responsibilities of state government entities associated with the budget, financial control, and information technology, making penalties applicable, and making appropriations.

IA HF2708

A bill for an act relating to the powers, duties, and responsibilities of state government entities associated with the budget, financial control, and information technology, making penalties applicable, and making appropriations. (Formerly HF 2622, HSB 695.) Effective date: 07/01/2024.

IA HSB695

A bill for an act relating to the powers, duties, and responsibilities of state government entities associated with the budget, financial control, and information technology, making penalties applicable, and making appropriations.(See HF 2622, HF 2708.)

Similar Bills

No similar bills found.