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2014 SESSION

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SB 204 Charitable gaming; raffles by nonprofit organizations.

Introduced by: Charles W. Carrico, Sr. (by request) | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Charitable gaming; raffles by nonprofit organizations. Clarifies that the exemption for nonprofit organizations from the requirement to obtain a permit from the Division of Charitable Gaming prior to conducting raffles that generate annual gross receipts of $40,000 or less includes organizations granted tax-exempt status under § 501(c)(3) or 501(c)(4) of the Internal Revenue Code.


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