SLS 10RS-152 ORIGINAL Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 SENATE BILL NO. 91 BY SENATOR LONG GAMING. Requires five percent of net win from electronic bingo machines be paid to the Louisiana Food Bank Association. (8/15/10) AN ACT1 To amend and reenact R.S. 4:724(E), relative to electronic bingo machines; to provide for2 distribution of net wins; and to provide for related matters.3 Be it enacted by the Legislature of Louisiana:4 Section 1. R.S. 4:724(E) is hereby amended and reenacted to read as follows: 5 ยง724. Use of electronic or video bingo games6 * * *7 E. At least forty-five fifty percent of the net win from the machine must be8 paid to the licensee owning or leasing it. Five percent of the fifty percent of net9 win from the machine paid to the licensee owning or leasing shall be remitted10 to the Louisiana Food Bank Association on a quarterly basis. The Louisiana11 Food Bank Association shall equally distribute the proceeds to the Food Bank12 of Central Louisiana, Food Bank of Northeast Louisiana, Food Bank of13 Northwest Louisiana, Greater Baton Rouge Food Bank, and Second Harvest14 Food Bank of Greater New Orleans and Acadiana.15 * * *16 17 SB NO. 91 SLS 10RS-152 ORIGINAL Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Michelle Ducharme. DIGEST Present law requires 45% of net win from a electronic bingo machine must be paid to the charitable organization owning or leasing the machine. Proposed law increases the amount paid to the charitable organization from 45% to 50% and requires the organization remit to 5% of the net win to the Louisiana Food Bank Association on a quarterly basis. Proposed law requires the Louisiana Food Bank Association to equally distribute the proceeds to the following food banks: (1)Food Bank of Central Louisiana. (2)Food Bank of Northeast Louisiana. (3)Food Bank of Northwest Louisiana. (4)Greater Baton Rouge Food Bank (5)Second Harvest Food Bank of Greater New Orleans and Acadiana. Effective August 15, 2010. (Amends R.S. 4:724(E))