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Can you summarize LAAC Title 42, Part III, Chapter 27, Section 2737?
Accounting Regulations > Casino Gaming Payment Interception
Short Summary
This document, part of the Louisiana Administrative Code, specifically the Gaming Control Board’s Accounting Regulations, governs the process of intercepting payments made to winning patrons in the casino gaming industry. It requires the Department of Children and Family Services (DCFS) to provide real-time or immediate electronic access to a database containing information on persons with child support arrearages or overpayments. Entities licensed or permitted under specific chapters of the Revised Statutes are required to access this database before issuing payment of winnings in an amount requiring the filing of a W-2G or substantially equivalent form. If a winning patron is recorded as owing a debt, the payor may deduct an administrative fee of up to $35 and intercept the amount owed from the patron’s winnings. The document also outlines procedures for maintaining records of negative search results, forwarding intercepted amounts to DCFS or other agencies, and implementing internal controls to ensure compliance with interception requirements. Licensees and permittees are required to submit monthly reports detailing the number of searches, matches found, withheld winnings, administrative fees, and breakdown of amounts withheld for each database. In case of technical difficulties with the database, licensees and sports wagering operators are not responsible for intercepting cash winnings but must notify the appropriate database operator. Overall, this document aims to ensure compliance with child support obligations and other debts by intercepting winnings in the casino gaming industry.
Whom does it apply to?
Entities licensed or permitted under chapters 1, 4, 5, 7, or 10 of title 27 of the Revised Statutes, including casinos, sports wagering operators, and permittees issuing progressive slot machine annuity payments.
What does it govern?
Casino Gaming Payment Interception
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned in this document.
Jurisdiction
Louisiana