PRINTER'S NO. 417 THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL No.465 Session of 2025 INTRODUCED BY LAUGHLIN, J. WARD, BROOKS, COSTA, YAW AND STEFANO, MARCH 18, 2025 REFERRED TO COMMUNITY, ECONOMIC AND RECREATIONAL DEVELOPMENT, MARCH 18, 2025 AN ACT Amending the act of December 19, 1988 (P.L.1262, No.156), entitled "An act providing for the licensing of eligible organizations to conduct games of chance, for the licensing of persons to distribute games of chance, for the registration of manufacturers of games of chance, and for suspensions and revocations of licenses and permits; requiring records; providing for local referendum by electorate; and prescribing penalties," in club licensees, further providing for distribution of proceeds. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 502(a) of the act of December 19, 1988 (P.L.1262, No.156), known as the Local Option Small Games of Chance Act, is amended to read: Section 502. Distribution of proceeds. (a) Distribution.--The proceeds from games of chance received by a club licensee shall be distributed as follows: (1) No less than [60%] 50% of the proceeds shall be paid for public interest purposes within one year of the end of the calendar year in which the proceeds were obtained. (2) No more than [40%] 50% of the proceeds obtained in a 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 calendar year may be retained by a club licensee. * * * Section 2. This act shall apply to calendar years commencing after December 31, 2025. Section 3. This act shall take effect in 60 days. 20250SB0465PN0417 - 2 - 1 2 3 4 5