HB2946: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49, Part 1 and Title 66, Chapter 29, Part 1, relative to sports wagering.
Legislative Summary
As introduced, provides for the remittance of an unused balance of funds in a sports betting account to the bettor by a licensee after a three-year period in which the account has been inactive; establishes notice requirements for a licensee for such remittance; authorizes a licensee to remit such funds to the state treasurer as unclaimed property after a certain period during which the licensee exercises reasonable due diligence to locate the bettor. - Amends TCA Title 4, Chapter 49, Part 1 and Title 66, Chapter 29, Part 1.
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Bill History
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