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Gov. Reynolds signs Iowa sweepstakes and gambling crackdown expanding enforcement and revising tax withholding

Gov. Reynolds signs Iowa sweepstakes and gambling crackdown expanding enforcement and revising tax withholding
AI Summary

Iowa Governor Kim Reynolds has approved a wide-ranging gambling bill that strengthens enforcement against unlicensed sweepstakes operators while reshaping how the state handles tax withholding on gambling winnings. Reynolds signed Senate File 2289 on May 15, giving the Iowa Racing and Gaming Commission expanded authority to pursue unauthorized betting and sweepstakes businesses operating in the state. It also updates financial reporting rules tied to gambling payouts and raises reimbursement lim

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