Louisiana 2023 2023 Regular Session

Louisiana House Bill HB474 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 89 (HB 474) 2023 Regular Session	Illg
New law provides for a limited raffle license for certain raffle games.  Requires the office
of charitable gaming within the Dept. of Revenue to promulgate rules relative to the issuance
of such licenses.
New law further provides that the provisions of existing law (R.S. 4:705(2)(c)) and
714(F)(1)), relative to the establishment, assessment, and collection of certain fees and
proceeds from gaming sessions deposited into a bank account, shall not apply to any limited
license issued pursuant to new law.
New law applies only to single raffle games as defined in existing law (R.S. 4:707(A)(1)),
and limits the prize value to $10,000, instead of limiting the proceeds to $10,000 as provided
in existing law.
Effective August 1, 2023.
(Adds R.S. 4:707.1)