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MO HB2515

Bill

Status

Introduced

2/9/2016

Primary Sponsor

Kevin Engler

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Origin

House of Representatives

2016 Regular Session

AI Summary

  • Prohibits the Missouri Lottery Commission and its employees or contractors from publishing the name, address, or identifying information of lottery winners without their written consent

  • Removes the previous $10,000 minimum credit line requirement for casino patrons, replacing it with tiered creditworthiness requirements: credit instruments of $10,000 or less require creditworthiness of at least twice the amount (or $10,000, whichever is less); amounts over $10,000 require creditworthiness equal to or exceeding the credit amount

  • Prohibits casino credit instruments from being secured by real property, personal property, investments, retirement accounts (IRAs, 401(k), pensions), or college savings plans—only demand deposit accounts (checking/savings) may be used

  • Requires that when a new credit instrument consolidates or replaces existing ones, the new instrument must use the oldest date from the replaced instruments

  • Prohibits extending credit to intoxicated persons and maintains the 30-day maximum repayment period for all casino credit instruments

Legislative Description

Modifies provisions relating to gaming

Last Action

HCS Reported Do Pass (H) - AYES: 9 NOES: 0 PRESENT: 0

3/29/2016

Committee Referrals

Select Committee on General Laws3/9/2016
Emerging Issues2/24/2016

Full Bill Text

No bill text available