An Act amending the act of December 19, 1988 (P.L.1262, No.156), known as the Local Option Small Games of Chance Act, in preliminary provisions, further providing for definitions; and, in games of chance, further providing for prize limits.

HB 2038 amends the Local Option Small Games of Chance Act to update definitions and set new limits on prize values for small-scale gambling activities, such as local lotteries and raffles operated under municipal authority. The bill clarifies specific terms used in the law and establishes specific caps on the maximum prize amounts that can be offered in these games. This directly affects local governments and businesses that host small games of chance, requiring them to adjust prize structures to comply with the updated limits. The bill is currently under review by the Gaming Oversight committee.