The bill H. 4137 aims to amend various sections of the South Carolina Code of Laws related to bingo operations, specifically to support veterans' organizations. It introduces new definitions for "Veterans' Trust Fund" and "Veteran's Organization" in Section 12-21-3920. Additionally, it establishes a new Class G bingo license for veterans' organizations, allowing them to conduct bingo games with specific prize limits and entrance fees. The bill also modifies the requirements for license applicants, stating that individuals must be domiciled in South Carolina for at least two years before applying, and organizations must have been active in the state for the same duration.

Furthermore, the bill outlines the fee structure for bingo card sales, specifying that Class G license holders will have a unique fee distribution model. Specifically, 60% of the revenue from Class G licenses will be allocated to the Veterans' Trust Fund, while 40% will be distributed equally among several veteran organizations. This legislative change is designed to enhance the support for veterans through bingo operations while ensuring compliance with state regulations. The act will take effect upon approval by the Governor.

Statutes affected:
03/05/2025: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190
03/14/2025: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190
04/30/2025: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190
05/01/2025: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190
05/05/2025: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190
Latest Version: 12-21-3920, 12-21-4020, 12-21-4030, 12-21-4070, 12-21-4190