HB2820 - Relating to the maximum amount of operating capital retained in a licensed authorized organization's charitable bingo account.

      H.B. No. 2820         AN ACT   relating to the maximum amount of operating capital retained in a   licensed authorized organization's charitable bingo account.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 2001.451(h), Occupations Code, is   amended to read as follows:          (h)  Except as provided by Subsection (j), a licensed   authorized organization or a unit of licensed authorized   organizations may retain operating capital in the organization's or   unit's bingo account in an amount that:                (1)  is equal to the organization's or unit's actual   average bingo expenses per quarter based on the preceding license   period, excluding prizes paid; and                (2)  does not exceed a total of $100,000 [ $50,000 ] for a   single organization or $100,000 [ $50,000 ] for each member of a unit   unless:                      (A)  the commission by rule establishes a higher   amount for all organizations or units or one or more classes of   organizations or units; or                      (B)  the bingo operations director, on request,   raises the operating capital limit for one organization or unit as   necessary to facilitate the operation of the organization or unit.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 2820 was passed by the House on May 6,   2025, by the following vote:  Yeas 118, Nays 28, 1 present, not   voting.     ______________________________   Chief Clerk of the House                 I certify that H.B. No. 2820 was passed by the Senate on May   28, 2025, by the following vote:  Yeas 28, Nays 3.     ______________________________   Secretary of the Senate       APPROVED:  _____________________                      Date                           _____________________                    Governor