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Bill > HB1434


HI HB1434

HI HB1434
Relating To Gaming.


summary

Introduced
01/23/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Establishes the Hawaii Lottery and Gaming Corporation for the purpose of conducting and regulating wagering and gaming in the State. Establishes the Lottery and Gaming Special Fund and allocates certain percentages of the fund to various community betterment purposes.

AI Summary

This bill establishes the Hawaii Lottery and Gaming Corporation as a public corporation responsible for conducting and regulating gaming activities in the state. The corporation will be governed by a seven-member board of directors and will have the authority to offer various games of chance and skill, including lottery, poker, and casino games, to individuals over 18 years old, but excluding sports betting. The corporation will be self-funded through its gaming operations and will create a Lottery and Gaming Special Fund, with net proceeds allocated across several community-focused areas: 25% for education shortage differentials, 20% for education capital improvements, 20% for University of Hawaii system capital improvements, 15% for watershed and climate resilience, 10% for medical student scholarships, 5% for problem gambling prevention, and 5% for administrative costs. The bill includes detailed provisions for selecting a gaming provider, establishing responsible gaming measures, and ensuring transparency through regular financial reporting. The corporation will be exempt from state taxation and will have comprehensive powers typical of a business entity, with a strong emphasis on maintaining integrity, preventing problem gambling, and generating revenue for community betterment purposes. The new entity is set to begin operations on July 1, 2025, and will be subject to specific rules and oversight to ensure ethical and responsible gaming practices.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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