The bill amends the Traxler-McCauley-Law-Bowman Bingo Act by updating several provisions related to millionaire party licenses. Key changes include the requirement for licensees to ensure that events comply with the act and to post their licenses visibly at the event location. Additionally, the bill specifies that gaming must only occur within a designated area approved by the executive director, and access to this area must be controlled.

Significant adjustments to age restrictions are also made, changing the language to specify that individuals under 18 years of age are not allowed in the gaming area. The bill further clarifies that individuals aged 18 to 20 must wear identification marks if alcoholic beverages are served. Financial limits for the exchange of imitation money or chips are increased from $20,000 to $40,000 per day, with a provision for calculating daily limits based on the number of gaming days if the party is held without dealers from a supplier.

Statutes affected:
House Introduced Bill: 432.141