HB 325 Summary

• Establishes "charitable video bingo" as a new form of bingo conducted through electronic player terminals and devices, available only to veteran's, fraternal, and sporting organizations that are exempt from federal income taxation.

• Requires charitable video bingo distributors to be licensed by the attorney general and prohibits distribution to any organization except licensed veteran's, fraternal, or sporting organizations; all player terminals and devices must interface with a centralized report management system controlled by the attorney general.

• Limits the number of player terminals an organization can operate based on membership size (2-20 terminals) and requires at least 50% of net profits to be distributed to qualifying charitable organizations with no more than 50% retained for organizational expenses.

• Establishes a seven-member Charitable Video Bingo Council appointed by the attorney general with representation from major veteran's and fraternal organizations to advise on policies and rules related to charitable video bingo.

• Creates new licensing requirements and record-keeping obligations for charitable video bingo distributors and organizations conducting charitable video bingo, with violations constituting felony or misdemeanor offenses depending on prior convictions.