SB 487

2026 Regular Session  ENROLLED
  ACT No. 940
 SENATE BILL NO. 487
 BY SENATOR OWEN
1AN ACT
2 To amend and reenact R.S. 4:715(A)(7) and 719(B) and to repeal R.S. 4:727, relative to the
3Charitable Raffles, Bingo and Keno Licensing Law; to provide for premises rental
4agreements; to provide for terms; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6Section 1. R.S. 4:715(A)(7) and 719(B) are hereby amended and reenacted to read
7 as follows:
8§715. Personnel to hold games; commissions or salaries; equipment and supplies;
9expenses
10A.  *       *      *
11(7) No lease or other agreement providing for a rental arrangement for
12premises or equipment shall provide for payment in excess of the reasonable market
13rental rate as mutually agreed to in writing for such the premises or equipment and
14in no case shall any payment be based on a percentage of gross receipts or profits
15derived from a game of chance.
16*       *      *
17§719. Commercial lessor license
18*       *      *
19B. No lease or other agreement of any premises by a commercial lessor to
20any charitable organization for any charitable gaming session shall provide for
21payment in excess of the reasonable market rental rate as mutually agreed to in
22writing for such the premises as provided in the local licensing ordinance. No lease
  Page 1 of 2
  Coding: Words which are struck through are deletions from existing law;
  words in boldface type and underscored are additions.
SB NO. 487  ENROLLED
1or other agreement shall provide for rental for less than a two-hour session.
2*       *       *
3Section 2. R.S. 4:727 is hereby repealed in its entirety.
  PRESIDENT OF THE SENATE
  SPEAKER OF THE HOUSE OF REPRESENTATIVES
  GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
  Page 2 of 2
  Coding: Words which are struck through are deletions from existing law;
  words in boldface type and underscored are additions.