Bills › 91st General Assembly
SF 2470Died when the session ended · March 31, 2026
Relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions
Sponsored by the Senate Ways and Means Committee, Sen. Mike Klimesh (R)
Same legislation: SF 2085
Progress
- IntroducedMarch 12, 2026
- SubcommitteeApril 27, 2026
- CommitteeMarch 12, 2026
- Passed SenateMarch 31, 2026 · 45–1
- Passed House—
- Signed—
Died at end of session The General Assembly adjourned on May 3, 2026. Bills that didn’t pass both chambers died. What’s a funnel?
History
2026 session · second year of the 91st General Assembly
April 27, 2026
Subcommittee recommends passage.
April 23, 2026
Subcommittee reassigned: Johnson, C., Lundgren and Wessel-Kroeschell. H.J. 997. Journal
April 8, 2026
Subcommittee: Siegrist, Hora and Wessel-Kroeschell. H.J. 864. Journal
April 6, 2026
Read first time, referred to Ways and Means. H.J. 808. Journal
March 31, 2026
Passed Senate, yeas 45, nays 1. S.J. 694. Journal
March 12, 2026
Committee report, approving bill. S.J. 563. Journal
March 12, 2026
Introduced, placed on Ways and Means calendar. S.J. 560. Journal
Meetings
- Tuesday, April 28 · 1:00 PMWays and Means committee · RM 102Official meeting page
- Monday, April 27 · 3:00 PMWays and Means subcommittee · House LoungeOfficial meeting page
- Wednesday, April 15 · 12:00 PMWays and Means subcommittee · House LoungeOfficial meeting page
- Wednesday, March 11 · 4:00 PMWays and Means committee · RM 116Official meeting page
- Wednesday, March 11 · 1:00 PMWays and Means subcommittee · Senate LoungeOfficial meeting page
Votes
Select a floor vote to see how each legislator voted.
Lobbyist declarations
For · 1Against · 6Undecided · 10
- Blockratize Inc.Against
- Cedar Rapids Development Group LLCAgainst
- Churchill Downs IncorporatedAgainst
- Crypto.comAgainst
- Elite Casino Resorts, LLCAgainst
- Kalshi Inc.Against
- Caesars Enterprise Services, LLC.For
- Boyd Gaming & Dubuque Diamond Jo & Diamond Jo WorthUndecided
- Cedar Rapids Metro Economic AllianceUndecided
- City of Cedar RapidsUndecided
- Iowa Board of RegentsUndecided
- Iowa Catholic ConferenceUndecided
- Iowa Department of Inspections, Appeals, and LicensingUndecided
- Iowa Gaming AssociationUndecided
- Iowa West Racing AssociationUndecided
- Penn Entertainment/AmeristarUndecided
- Prairie Meadows Racetrack and CasinoUndecided
Grouped by organization. Lobbying overview →