Bill > HB197

This bill repeals the existing tax imposed on the sale of bingo cards and bingo-related equipment in Missouri. Specifically, the legislation removes previous provisions that required bingo suppliers to pay taxes on pull-tab cards and bingo cards, which were previously set at two-tenths of one cent per card and were to be deposited into the bingo proceeds for education fund. The bill maintains licensing requirements for bingo equipment manufacturers, suppliers, and hall providers, including background checks and fingerprinting of key personnel. The licensing process involves one-time application fees (not exceeding $5,000) and annual renewal fees (not exceeding $1,000), with the Missouri Gaming Commission overseeing the licensing and regulatory process. Licensees are required to maintain business records for at least three years and must notify the commission of payment delinquencies. The bill also preserves existing regulations about pull-tab card sales, such as requiring cards to display their sale price and ensuring that at least 60% of gross revenues are returned to card purchasers. Overall, the legislation streamlines bingo-related regulations by eliminating specific tax requirements while maintaining regulatory oversight of the bingo industry.

https://house.mo.gov/Bill.aspx?bill=HB197&year=2025&code=R