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AR SB617

Bill

Status

Passed

4/4/2017

Primary Sponsor

Trent Garner

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Repeals Arkansas Code § 23-115-207(a)(2)(B) regarding rulemaking authority for lottery ticket sales involving cash-only and payment prohibition rules.

  • Prohibits the sale of lottery tickets or shares using in-store credit, credit cards, charge cards, checks, or any form of deferred payment.

  • Allows retailers to accept cash and noncash, noncredit payment methods, including debit cards or electronic fund transfers directly from consumer accounts.

  • Makes retailers responsible for any costs, fees, or charge-backs incurred when accepting noncash, noncredit payment methods.

  • Defines "debit card" as any card issued by a financial institution to initiate electronic fund transfers for transferring money or obtaining money, property, labor, or services.

Legislative Description

To Amend Provisions Of Title 23 Of The Arkansas Code Concerning Arkansas Scholarship Lottery Ticket Sales.

Last Action

Notification that SB617 is now Act 876

4/4/2017

Committee Referrals

State Agencies & Governmental Affairs3/6/2017

Full Bill Text

No bill text available