TO ESTABLISH THE ARKANSAS SPORTS RAFFLE ACT; AND TO DECLARE AN EMERGENCY.

Fiscal Impact Statement Bill: HB1044 Bill Subtitle: TO ESTABLISH THE ARKANSAS SPORTS RAFFLE ACT; AND TO DECLARE AN EMERGENCY. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Reps. Hawk, Achor, Duffield, Brooks, Maddox, Ray, and Johnson Sens. Dismang, Boyd, and McKee Basic Change: HB1044 creates the "Arkansas Sports Raffle Act" to permit an institution of higher education or its affiliated nonprofit organization ("qualifying organizations") to conduct a raffle for educational, charitable, or philanthropic purposes under certain conditions. A raffle conducted under the new law is not subject to the provisions of the Charitable Bingo and Raffles Enabling Act, § 23-114-101 et seq. The raffle must be based on an official game or sporting event between a qualifying organization's collegiate athletic team and an opposing institution of higher education's collegiate athletic team and is limited to one raffle per game or sporting event. The bill provides that a qualifying raffle may be conducted on: • A digital or electronic device; • An online platform, website, or software application; or • A

Fiscal Impact Statement Bill: HB1044 Amendment Number: H1 Bill Subtitle: TO ESTABLISH THE ARKANSAS SPORTS RAFFLE ACT; AND TO DECLARE AN EMERGENCY. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Reps. Hawk, Achor, Duffield, Brooks, Maddox, Ray, and Johnson Sens. Dismang, Boyd, and McKee Basic Change: House Amendment No. 1 – HB1044-H1 (engrossed 01/30/25) places a limit of $250 per transaction if a qualifying organization allows a credit card to be used as the method of payment for purchase of a raffle ticket. Original Bill – HB1044 creates the "Arkansas Sports Raffle Act" to permit an institution of higher education or its affiliated nonprofit organization ("qualifying organizations") to conduct a raffle for educational, charitable, or philanthropic purposes under certain conditions. A raffle conducted under the new law is not subject to the provisions of the Charitable Bingo and Raffles Enabling Act, § 23-114-101 et seq. The raffle must be based on an official game or sporting event between a qualifying organization's collegiate athletic team and an opposing institution of higher educ