Bill > LB828

This bill redefines the term "operator" within Nebraska's laws concerning "gift enterprises," which are defined as contests, games of chance, savings promotion raffles, or game promotions used for business purposes where chance and prizes are involved, excluding bingo, keno, certain electronic games, slot machines, and pickle cards. The bill specifically removes language that excluded nonprofit organizations from being considered operators, meaning that now nonprofit organizations, along with financial institutions, credit unions, and other entities, can be classified as operators if they promote, run, or conduct a gift enterprise. The bill also clarifies that a "savings promotion raffle" is a contest run by a financial institution or credit union where a chance to win a prize is gained by depositing money into a savings account or program, with each entry having an equal chance of winning. This change aims to broaden the scope of who is regulated under the existing gift enterprise laws.

Government Affairs

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=62776