Establishes a Class G license for veteran's organizations to conduct bingo games, with specific revenue distribution and fees.
The bill introduces a Class G license for veteran's organizations to conduct bingo games, with a maximum of five sessions per week. It mandates a $1,000 license fee and a $5 entrance fee. Revenue from Class G license bingo card sales is distributed 60% to the Veterans' Trust Fund and 40% equally to the South Carolina state headquarters of the Veterans of Foreign Wars, American Legion, Daughters of the American Revolution, and AMVETS. The bill also amends definitions and license fees for other classes of bingo licenses.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.