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Office of the Revisor of Statutes

SF 2953 Senate Long Description

2E Modifying certain provisions regulating lawful gambling; authorizing available money apportioned for the Arabian breed to be distributed to resident owners racing at licensed state racetracks or racetracks of border states; defining or redefining certain terms including the definition of lawful purpose; requiring certain licensed organizations to carry forward a certain amount and requiring balance use for future negative expense balance offset at time of license renewal; clarifying electronic bingo devices rule requirements; prohibiting board members, director and employees from purchasing any chance in a lawful gambling game, exception for investigations; providing for reimbursement of excess expenses as a condition for license, allowing board to impose by rule sanctions or penalties for excess expenditures; reducing the bond requirement for linked bingo game license applicants; modifying linked bingo game employees, representatives, agents and affiliates prohibitions; authorizing the board to refuse to issue any authorization, license or permit for incomplete, false or inaccurate reports or applications; modifying certain employment restrictions on pull tab and tipboard sellers; modifying bingo card and sheet provisions; eliminating the prohibition of linked bingo games at bar bingo occasions; authorizing the gambling control board to permit pull tab games with multiple seals and cumulative and carryover prizes; authorizing the board to permit pull tab games with winners determined by other methods; modifying conduct of raffles provisions; modifying bingo organization lease or ownership premises provisions; authorizing organizations to transfer the amount of taxes related to the conduct of gambling to the general account at the time taxes are due and payable; clarifying electronic payment provisions; specifying maximum pull tab cumulative or carryover prizes; requiring the commissioner of revenue and the executive director of the gambling control board to conduct a feasibility study pertaining to consolidation and automation of reporting requirements for lawful gambling activities and report to the legislature and the governor by a certain date
(ra)