AR HB1912

Redirects $20 million in annual general revenue funds previously allocated to the Scholarship Shortfall Reserve Trust Account to instead fund $3 million to the University of Arkansas for Medical Sciences National Cancer Institute Designation Trust Fund and $7 million to state general revenues

Amends the definition of "multidraw screen-based lottery game" to clarify it does not constitute a video lottery and must be played on an authorized lottery terminal using a central gaming system to determine winners

Specifies multidraw screen-based lottery games require a video screen, player input equipment, acceptance of coins/currency/vouchers/tokens, and may award free games or credits redeemable for cash, payments over time, noncash prizes, or nothing determined by chance

Amends the definition of "video lottery" to emphasize it uses an internal random number generator as the sole determinant of player outcomes and allows play through electronic computers with interactive terminal devices

Clarifies video lottery requirements including equipped terminals, player currency insertion, and redemption options for free games, coins, tokens, or credits determined wholly or predominantly by chance