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Weekly Interim Update from December 4, 2015

Economic Development

SB 402- Relating to Point-of-sale Terminals
On Thursday, December 3rd, SB 402, relating to Point-of-sale Terminals, by Senator Garrett Richter (R-Naples) passed through the Senate Fiscal Policy Committee with 5 yeas and 3 nays.

This bill would allow limited use of “Point-of-sale Terminals” for the sale of lottery tickets or games.

A “Point-of-sale Terminal” is a charge card reader, like those used at a retail counter, self-service fuel pump or self-service checkout line. The bill authorizes the Department of the Lottery, approved vendors, and approved retailers to use point-of-sale terminals to facilitate sales of lottery tickets or games, provided that the purchaser is verified to be 18 years of age or older and the terminal does not dispense lottery winnings.

A point-of-sale terminal does not reveal winning numbers and may not be used to redeem a winning ticket. Lottery ticket sales revenue generated from point-of-sale terminals must be used to enhance instructional technology resources for students and teachers in Florida.

SB 402 will now head to the Senate floor for a vote.

AIF supports innovative means to help fund Florida’s education system. In addition, enactment of this legislation would create more manufacturing jobs in the State.