SUMMARY BINGO AND RAFFLE AMENDMENTS AS STATED IN SENATE BILL 370

AFFECTED SECTIONS OF THE BINGO AND RAFFLE ACT ARE 60-2B-3; 60-2B-4; 60-2B-9; 60-2B-13  ALL OTHER SECTIONS REMAIN THE SAME.

1.  Changed the regulatory authority for the Regulations and Licensing Department to the

     Gaming Control Board (60-2B-3 (T))

2.  Defined Commercial Lessor, Distributor and Manufacturer (60-2B-3 ( C), (D), (U))

3.  Allowed for a system of licensing governing commercial lessors, distributors, manufacturer and qualified organizations. (60-2B-4 (A) (8))

4.  Allowed for a system of permits for all individuals employed or engaged in the conduct of games of chance or the manufacture or distribution of equipment (60-2B-4 (A) (7))

5.  Provided a provision to the Gaming Control Board to allow the adoption of rules establishing reasonable amounts for expenses (60-2B-4 (A) (9))

6.  Provided a provision to the Gaming Control Board to develop, adopt and promulgate all rules necessary to implement and administer the provisions of the Bingo and Raffle Act (60-2B-4 (A) (10)).

7.  Repealed definition of “goods, wares and merchandise” and “services render” as provided in (60-2B-9 (F) (1) (2)).

8.  Repealed the distribution of the taxation process to Regulations and Licensing (60-2B-9 (G)).

9.  Provided a provision under section 4 [new section] of the Bingo and Raffle in Senate Bill 370 regarding the taxation of qualified organizations to summit their taxes on a monthly basis to the Taxation and Revenue Department on or before the 25^th day of the month.

10.  Made minor changes to 60-2B-13 (A) and (B) to clean up the language within the Bingo and

       Raffle Act.  Please refer to the original Act and the amendment in Senate Bill 370 regarding changes.