HB 702 (BR 2342) - R. Wilkey
AN ACT relating to charitable gaming.
Amend various sections of KRS Chapter 238 to extend definition of charitable gaming to include electronic, computer, or other technologic aids; provide authority for the Office of Charitable Gaming to establish and implement standards for electronic systems of accounting and recordkeeping; provide the office authority to approve all electronic, computer, or other technological aids; provide that intentionally making false or misleading statements shall constitute grounds for denial of a license application; establish that actions designed to inaccurately reflect the financial records of the charitable gaming enterprise may lead to revocation of license; grant employees of the office authority to inspect the books and records of a manufacturer or distributor; establish prize payouts for bingo, progressive bingo, and linked bingo games and define linked bingo games; provide for the maintenance of financial records in accordance with generally accepted standards of accounting and require financial records to be maintained in computerized or electronic format within four years; require charities participating in linked bingo to use a point-of-sale system; provide penalties for making intentionally false or misleading financial statements; designate actions against individuals found to be the cause of one or more serious violations and define serious violations; provide requirements for appeals to administrative actions by the office.
Feb 27-introduced in House
Feb 28-to Licensing and Occupations (H)