HB 4539 Summary

• Creates licensing framework for "millionaire party" gaming events under the Traxler-McCauley-Law-Bowman bingo act, requiring qualified organizations to obtain board approval and pay $50 per day licensing fees.

• Establishes eligibility requirements for dealers and participants, including criminal background screening for felonies, gambling offenses, fraud, forgery, larceny, and false reports; bona fide members must be present and identified during events.

• Limits daily gaming buy-ins to $25,000 (or up to $100,000 divided by days for qualifying organizations owning locations), restricts event duration to 4 consecutive days, and caps operating hours from 8 a.m. to 2 a.m.

• Requires all event proceeds (after reasonable expenses not exceeding 45% of gross profit) to be donated to charitable causes or lawful purposes, with strict accounting and financial reporting to the board.

• Creates supplier licensing with $300 annual fee for entities providing equipment and dealers, and grants the board enforcement authority including ability to deny, suspend, or revoke licenses for violations.