Repeals the tax imposed on the sale of bingo cards

HB 197 does not repeal a tax as its title claims; instead, it establishes licensing requirements for bingo equipment suppliers and details tax collection procedures. The bill creates a "Missouri bingo equipment and supplies manufacturer or supplier license" with fingerprint background checks, bond requirements, and application fees (up to $5,000 one-time, $1,000 annual). It specifies tax collection for pull-tab cards (2% of gross receipts) and bingo cards ($0.002 per card), requiring suppliers to remit taxes monthly to the gaming commission fund. The bill also mandates recordkeeping, cash-only sales for delinquent organizations, and license renewal processes. This legislation directly affects bingo equipment suppliers, manufacturers, and hall providers operating in Missouri.