Highlights in this edition:

• Gambling Tax Revenue Exceeds REC Forecast
  • Casinos and sports books handling sports wagering had earnings of $240.1 million for the fiscal year – in Iowa instead of taxing the actual bets, Iowa taxes these profits at 6.75 percent and deposits that money into the Sports Wagering Fund
• Web of PBM Enforcement to Occur with District Court Injunction Order
  • The case will now go to trial at the district court level
• Board of Regents Delays Action on DEI and CRT Policy
  • Iowans made their views on DEI and CRT crystal clear on election day in November of 2024 by rejecting candidates up and down the ballot who embraced these anti-American and often Marxist inspired dogmas
• IPERS Oversight
  • Overall, the system continues to move in a positive direction and the current funded ratio is the highest funded ratio since the “Great Recession”

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