BILL ANALYSIS

C.S.H.B. 2820

By: Louderback

Licensing & Administrative Procedures

Committee Report (Substituted)

BACKGROUND AND PURPOSE

Currently, a licensed authorized charitable bingo organization is only allowed to maintain a maximum of $50,000 in operating capital in the organization's bingo account. The bill author has informed the committee that the $50,000 maximum was implemented by the 81st Legislature in 2009 and that inflationary pressures have increased immensely since that time, putting a strain on the ability of these organizations to operate their businesses. C.S.H.B. 2820 seeks to address this issue by increasing the maximum amount of operating capital that a licensed authorized charitable bingo organization may retain from $50,000 to $100,000.

CRIMINAL JUSTICE IMPACT

It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.

ANALYSIS

C.S.H.B. 2820 amends the Occupations Code to increase from $50,000 to $100,000 the maximum amount of operating capital a licensed authorized charitable bingo organization or a unit of such an organization is authorized to retain in the organization's or unit's bingo account for a single organization or for each member of a unit, except as otherwise provided by the Texas Lottery Commission or the bingo operations director.

EFFECTIVE DATE

On passage, or, if the bill does not receive the necessary vote, September 1, 2025.

COMPARISON OF INTRODUCED AND SUBSTITUTE

C.S.H.B. 2820 differs from the introduced only by amending the caption.