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SF 2254 Senate Long Description

Regulating lottery services businesses, defining lottery service +business; requiring and providing for annual registration with the commissioner+ of public safety, specifying certain attestation requirements relating to +disqualifying offenses; requiring the commissioner to establish a registration fee +by rule; authorizing the director of the department division of alcohol and +gambling enforcement to investigation applicants for registration to determine compliance with the attestation requirements, authorizing a fee; +authorizing the commissioner to revoke registrations under certain conditions, +requiring a notice of intent and the opportunity for public hearing on the +revocation; granting the commissioner certain cease and desist order issuance +authority; requiring certain statements on print advertising; specifying certain prohibited activities; requiring lottery service businesses to +deposit money received as winnings from lottery tickets bought for or on behalf of +customers or subscribers into a lottery prize account to be maintained +separately from other business accounts, restricting use of money in the account; +requiring transmission of unclaimed prizes to the commissioner for deposit in +the general fund; specifying certain recordkeeping and audit requirements; +imposing penalties for certain violations (mk)