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Committee advances Arkansas Sports Raffle Act after hours of debate over Amendment 84 and NIL
Summary
House Bill 1634 would permit universities and their qualifying nonprofit foundations to run raffles for fundraising — including a provision allowing funds for NIL purposes — under constraints tied to Amendment 84; the committee advanced the bill after extended testimony from university counsel, the attorney general's office and casino interests.
Representatives RJ Hock and Matthew Shepherd introduced House Bill 1634, the "Arkansas Sports Raffle Act," to allow universities and qualifying nonprofit organizations that support them to conduct raffles for fundraising. Shepherd said the bill would enable schools to raise funds for "NIL purposes, scholarships, general support of the institution's athletic team or program, and maintenance and construction of facilities." He told the committee sponsors had revised the bill to include age verification, specify rulemaking authority and otherwise conform to…
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