The bill amends the Traxler-McCauley-Law-Bowman Bingo Act by updating Section 7a and adding new sections 7e, 7f, and 7g. Key changes include the requirement that charity game tickets must be purchased by qualified organizations from the bureau or a supplier, with the bureau determining the number of tickets and their resale price. The bill also specifies that a qualified organization must retain 60% of the proceeds from ticket sales, while the bureau retains 40%, except as outlined in the new Section 7e. Additionally, the bill establishes that charity game tickets cannot be sold to individuals under 18 years of age, although those aged 18 and older can purchase tickets as gifts for minors.

New provisions in Sections 7e, 7f, and 7g create a charity game veterans fund and a Michigan charity gaming service fund. The charity game veterans fund will receive a portion of the proceeds from charity game ticket sales, with funds allocated to support the National Guard Association of Michigan and reimburse local taxing units. The Michigan charity gaming service fund will be used to purchase and maintain charity game ticket dispensers. Both funds will be managed by the state treasurer, ensuring that any unspent money at the end of the fiscal year remains in the respective funds and does not lapse to the general fund.

Statutes affected:
House Introduced Bill: 432.107