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2016 SESSION

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SB 100 Charitable gaming; limits audit and administration fee of charitable organization.

Introduced by: John A. Cosgrove, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Department of Agriculture and Consumer Services; charitable gaming; audit and administration fee; adjusted gross receipts. Limits the audit and administration fee to no more than 1.25 percent of the adjusted gross receipts of a charitable organization, defined as the total amount of money received by the organization from charitable gaming before the deduction of expenses and excluding prizes paid out. Under current law, such fee is limited to 1.25 percent of the gross receipts, which includes prizes.

FULL TEXT

• 12/22/15  Senate: Prefiled and ordered printed; offered 01/13/16 16102310D  pdf | impact statement

HISTORY

• 12/22/15  Senate: Prefiled and ordered printed; offered 01/13/16 16102310D
• 12/22/15  Senate: Referred to Committee on General Laws and Technology
• 01/25/16  Senate: Reported from General Laws and Technology (12-Y 1-N 1-A)
• 01/25/16  Senate: Rereferred to Finance
• 02/02/16  Senate: Continued to 2017 in Finance (11-Y 1-N)