Charitable Sports Raffle Act; established, penalties.
Authorizes Virginia nonprofits to conduct sports raffles as fundraising mechanisms, subject to regulatory requirements and penalties for violations.
Authorizes Virginia nonprofits to conduct sports raffles as fundraising mechanisms, subject to regulatory requirements and penalties for violations.
HB 527 establishes a framework for charitable sports raffles in Virginia, allowing qualified nonprofits to conduct raffles tied to sporting events as a fundraising mechanism. The bill defines eligible organizations, operational requirements, and penalties for violations of raffle regulations.
Charitable raffles represent a significant fundraising tool for nonprofits, potentially generating millions in revenue for community organizations. The bill creates legal clarity around what has historically been a gray area, allowing organizations to operate raffles without legal risk while generating state revenue through oversight and licensing mechanisms.
Compiled from official sources — confirm details with the bill’s official record.
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