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House Bill 1463

House Bill 1463

ARCHIVE (2003)

Latest Information

DIGEST OF HB1463 (Updated March 4, 2003 6:04 PM - DI 84)

Charity gaming. Allows a school to obtain an annual license to conduct not more than 25 allowable events in a calendar year. Provides that the fee to obtain or renew an annual school license is $200. Authorizes a school to conduct an unlimited number of single day raffles. Authorizes a separate charity gaming license for card tournaments. Increases the maximum amount of total prizes awarded in a pull tab, punchboard, or tip board game from $2,000 to $5,000. Increases the maximum single prize for one winning ticket in a pull tab, punchboard, or tip board game from $300 to $599. Sets forth the method to determine a qualified organization's net proceeds from an allowable event. Describes the permitted and impermissible uses of the net proceeds. Provides that certain additional entities are eligible to receive mandated donations of charity gaming proceeds when the donor organization's charity gaming receipts exceed 90% of the donor organizations gross receipts. Limits door prizes to $25,000 annually except for a one time door prize event where total prizes of up to $20,000 are permitted. Makes other changes concerning charity gaming operations and the regulation of charity gaming.
Current Status:
In Committee - 2nd House
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