HB 1299 Summary

• Establishes the "Public Employees' Retirement System Protection Act of 2021" to authorize skill terminal devices (games based on strategy and skill rather than chance) operated under Mississippi Lottery Corporation oversight.

• Restricts skill terminal devices to licensed qualified truck stop facilities with a maximum of 10 devices per location, requiring separate licenses for device operators, host locations, and manufacturers/distributors.

• Imposes a 23% tax on all gross device revenue, with 98% directed to the Public Employees' Retirement System, 1% to state parks, and 1% to foster care services.

• Requires written agreements between manufacturers/distributors and device operators, and between device operators and host locations, establishing revenue allocation of 24% to host location, 24% to device operator, and 29% to manufacturer/distributor.

• Authorizes counties with existing gaming licenses to prohibit skill terminal devices within their jurisdiction and exempts skill terminal devices from definitions of video lottery and gambling devices under existing state law.