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Bill to tweak gambling win tax treatment advances

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A legislative subcommittee advanced a bill Wednesday to modify how casinos address customer winnings. When a gambler nets more than $1,200, Iowa’s casinos must scan state records to search for debts owed to state agencies, such as back taxes sought by the Iowa Department of Revenue. A panel of the House State Government Committee—including Reps. Mike Sexton (R-Rockwell City), Jacob Bossman (R-Sioux City) and Dennis Cohoon (D-Burlington)—advanced House Study Bill 502, as first reported by Cedar Rapids Gazette reporter James Lynch.