Bill
Bill > SB465
summary
Introduced
03/18/2025
03/18/2025
In Committee
03/18/2025
03/18/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
Amending the act of December 19, 1988 (P.L.1262, No.156), entitled "An act providing for the licensing of eligible organizations to conduct games of chance, for the licensing of persons to distribute games of chance, for the registration of manufacturers of games of chance, and for suspensions and revocations of licenses and permits; requiring records; providing for local referendum by electorate; and prescribing penalties," in club licensees, further providing for distribution of proceeds.
AI Summary
This bill modifies the Local Option Small Games of Chance Act by changing the distribution requirements for proceeds from games of chance for club licensees. Specifically, the bill reduces the mandatory amount of proceeds that must be paid for public interest purposes from 60% to 50%, while simultaneously increasing the amount that club licensees can retain from 40% to 50%. The change means that clubs will have more flexibility in how they use the proceeds from games of chance, with a more even split between public interest purposes and the club's own use. The bill will apply to calendar years starting after December 31, 2025, and will take effect 60 days after its enactment. The Local Option Small Games of Chance Act governs how eligible organizations can conduct and distribute proceeds from games of chance, such as raffles or other small-scale gambling activities, ensuring that a significant portion of the earnings goes toward public benefit while allowing some retention by the organizing club.
Committee Categories
Business and Industry
Sponsors (6)
Last Action
Referred to Community, Economic & Recreational Development (on 03/18/2025)
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