The bill seeks to amend various sections of the Revised Code to enhance the regulation and taxation of electronic instant bingo and video lottery terminals. Key provisions include the introduction of new definitions for terms such as "retailer video lottery terminals" and "electronic bingo aid," as well as the requirement for municipal corporations to collect income tax from casino operators and video lottery terminal operators. The bill establishes responsibilities for these entities regarding tax withholding, remittance, and record-keeping, while also imposing penalties for late filings and failures to remit taxes. Additionally, it emphasizes personal liability for operators who do not comply with tax obligations, aiming to create a more effective regulatory framework for electronic gaming activities.

Furthermore, the bill clarifies regulations surrounding charitable gaming, including the conduct of bingo games by licensed organizations and the distribution of net profits. It introduces stricter operational guidelines, such as prohibiting individuals under eighteen or those with felony convictions from operating bingo games, and mandates that all net profits from bingo be directed towards charitable purposes. The legislation also outlines the licensing process for video lottery terminal operators and manufacturers, ensuring compliance with operational standards and establishing penalties for violations. Overall, the bill aims to streamline the regulatory landscape for gaming activities while ensuring that proceeds benefit legitimate charitable causes and educational initiatives.

Statutes affected:
As Introduced: 718.031, 2915.01, 2915.02, 2915.07, 2915.09, 2915.091, 2915.093, 2915.094, 2915.10, 2915.101, 2915.13, 2915.14, 3770.06, 3770.99, 5739.02, 5747.064, 5753.01, 5753.04, 5753.05, 5753.07, 5753.08, 5753.12