The bill amends the McCauley-Traxler-Law-Bowman-McNeely Lottery Act by updating the licensing process for lottery sales agents. It specifies that the commissioner must consider various factors, such as financial responsibility and public accessibility, before issuing a lottery sales agent license. The bill establishes a timeline for the commissioner to issue or deny licenses, requiring action within 90 days of receiving a completed application. If the application is incomplete, the commissioner must notify the applicant within 30 days, and the 90-day period is paused until the requested information is received. Additionally, if the commissioner fails to act within the specified time, the license fee must be refunded, and future fees may be discounted.

The bill also includes provisions regarding the conduct of licensed lottery sales agents, such as restrictions on selling lottery tickets only at designated premises and prohibiting the offering of additional incentives to lottery ticket holders. It introduces new language to clarify that a licensed agent's license is not transferable and may be suspended or revoked for violations of the act or related regulations. Furthermore, the commissioner is required to submit an annual report detailing the number of applications processed, denied, and the financial implications of any delays in licensing. The act will take effect 90 days after being enacted, contingent upon the passage of related legislation.

Statutes affected:
House Introduced Bill: 432.23