TO ESTABLISH THE ARKANSAS SPORTS RAFFLE ACT; AND TO DECLARE AN EMERGENCY.

HB 1634 establishes the Arkansas Sports Raffle Act, allowing Arkansas public colleges and universities and their approved nonprofit affiliates to conduct raffles tied to official athletic games. These raffles can be sold digitally or in person, with proceeds limited to supporting student-athletes (e.g., scholarships, publicity rights), athletic programs, and facility improvements - never for staff compensation. The law prohibits sales to minors, caps transactions at $250, and requires public prize announcements. It amends gambling laws to exempt these sports-linked raffles from standard restrictions, effective as Act 305.