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MO HB2515
Bill
Status
2/9/2016
Primary Sponsor
Kevin Engler
Click for details
AI Summary
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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
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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
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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
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Requires that when a new credit instrument consolidates or replaces existing ones, the new instrument must use the oldest date from the replaced instruments
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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