Iowa eyeing parimutuel racing bill changes to aid investors
Des Moines legislators discuss reforms to Iowa parimutuel racing law intended to help track operators recoup initial investments and expand handle on exotic wagers. Proposals include letting operators seek reimbursement of the 6 percent parimutuel tax for debt repayment and raising exotic handle from 16 to as high as 20 percent, with safeguards and awaiting criminal investigation input.
MENTIONED IN THIS ARTICLE
Des Moines
Jack Woods
D-Des Moines
Woods
State Racing Commission
Iowa
General Assembly
Amnesty for tax dodgers considered to help state budget
A Des Moines House Ways and Means panel discussed revenue options to replace Branstad's proposed tax increases. Potential ideas include a tax amnesty for back taxes and a monies and credits tax on items like stocks and bonds, with other proposals such as sales taxes on newspapers, cable TV, professional services, fringe benefits, and diesel for railroads.
MENTIONED IN THIS ARTICLE
Judy Daubenmier
Des Moines
Terry Branstad
Branstad
Doderer
David Tabor
D-Baldwin
Massachusetts
Iowa
House
Panel backs end to district pay for salary lists
Iowa Senate Education Committee voted to end a rule that large districts pay to publish salary lists. The measure keeps salary data public, but removes printing costs for school boards in districts with 125000 or more residents. Sen Wally Horn noted newspapers lobby against the bill due to lost ads.
MENTIONED IN THIS ARTICLE
Des Moines
Senate Education Committee
Wally Horn
Cedar Rapids
Horn
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By Ken Sullivan
Wes Writer
Rep
Exactas
Quinellas
Sen
George Kinley
Senate
Ways and Means
Minnette Doderer
Iowa City
Tabor
Carl Castelda
Deus Ashers & Dryers
The
Ox Yoke Inn
Amana
Division of
Amana Society
van Heusen
Ward
Lee