HB527 - Charitable Sports Raffle Act; established, penalties.

1 Co-Sponsor

Charitable Sports Raffle Act established; penalties. Establishes the Charitable Sports Raffles Act for the purpose of authorizing athletic event drawings, defined in the bill, to be conducted by affiliated nonprofit organizations that conduct such drawings in accordance with regulations promulgated by the Department of Agriculture and Consumer Services. The bill places limits on when and where an athletic event drawing may be held and requires the prize amount of any such drawing to be 50 percent of the total amount collected from the sale of the tickets. The bill requires the organization to donate a certain percentage of the remaining funds in accordance with Department regulations and imposes certain civil and criminal penalties for violations of the provisions of the bill.