ID S1254

Reduces the Bingo-Raffle Advisory Board from six to five members and revises meeting requirements from three times per year to two times per year.

Revises license fee structure based on organizations' gross revenues, ranging from $100 for organizations with $25,000 or less to $300 for those exceeding $75,000.

Establishes a new section 67-7713A providing grounds for license suspension or revocation, including violations of chapter provisions, loss of tax-exempt status, fraud, criminal convictions, and denial of access to inspection.

Modifies accounting requirements for bingo proceeds, requiring minimum 20% of gross revenues for charitable purposes and maximum 18% for administrative expenses, with electronic bingo device rental costs netted separately.

Updates terminology throughout the chapter, replacing references to "state lottery commission" with "state lottery" and making technical corrections to various licensing and operational provisions.