Bill

Bill > H5277


SC H5277

SC H5277
Interactive Sports Wagering


summary

Introduced
04/21/2022
In Committee
04/21/2022
Crossed Over
Passed
Dead
05/12/2022

Introduced Session

124th General Assembly

Bill Summary

Amend The Code Of Laws Of South Carolina, 1976, By Adding Article 3 To Chapter 150, Title 59 Entitled "interactive Sports Wagering" So As To Provide That Certain Sports Wagering Is Lawful, To Provide Definitions, To Provide That A Licensee Is Subject To Certain Provisions, To Provide For A Certain Privilege Tax, To Provide That The Commission Shall Issue Certain Licenses, To Provide That The Commission Shall Issue Certain Supplier Licenses, To Provide For Who May Not Apply For Or Obtain A License, To Provide For Who May Place Certain Bets, To Provide For Who May Not Place Certain Bets, To Provide For The Use Of Official League Data, To Provide For Restrictions On Licensees, To Provide That A Licensee Shall Allow Bettors To Place Certain Restrictions On Themselves, To Provide That Certain Wagers Are Enforceable Contracts, To Provide That Each Licensee Shall Adopt Certain House Rules, To Provide For Certain Reports, To Provide For Certain Registration, To Provide The Lottery Commission May Authorize And Regulate Interactive Sports Wagering, To Provide Related Requirements Concerning The Regulation Of Interactive Sports Wagering, To Provide For Certain Annual Reports, To Provide For Certain Regulations, To Provide That Certain Individuals May Inspect Books And Records At Certain Times, To Provide For Certain Investigations, To Provide For An Appellate Process, To Provide For Civil Penalties, To Provide That It Is Unlawful To Transmit Certain Information, To Create The "lottery Commission Sports Wagering Advisory Council", And To Provide For Removal From The Council; To Amend Section 59-150-20, Relating To Definitions In The South Carolina Education Lottery Act, So As To Make Conforming Changes; And To Designate The Existing Provisions Of Chapter 150, Title 59 As Article 1, Entitled "general Provisions".

AI Summary

This bill amends the South Carolina Code of Laws to add a new Article 3 to Chapter 150, Title 59 entitled "Interactive Sports Wagering." The bill legalizes and regulates sports wagering in the state, providing definitions, licensing requirements, tax provisions, and restrictions on sports wagering operators and bettors. It also creates the Lottery Commission Sports Wagering Advisory Council to assist the South Carolina Lottery Commission in overseeing sports wagering activities. The bill aims to maintain the integrity of sports wagering in the state and protect the public interest.

Committee Categories

Justice

Sponsors (2)

Last Action

Referred to Committee on Judiciary (on 04/21/2022)

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