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IN SB0252
Bill
AI Summary
- Qualified organizations may conduct raffles without obtaining a license, and these unlicensed raffle events are exempt from prize limits and regulatory statutes governing allowable events
- Reduces the continuous existence requirement for organizations to qualify for charity gaming from five years to three years in Indiana
- Adds "bona fide national foundation" as a new category of qualified organization, defined as a tax-exempt entity founded before 1995 that has provided at least $50,000 annually in grants to Indiana organizations for three consecutive years
- Repeals the single event raffle license and annual raffle license requirements under IC 4-32.2-4-8 and IC 4-32.2-4-9
- Criminal gambling laws under IC 35-45-5 do not apply to participants in unlicensed charity gaming events conducted by qualified organizations
Legislative Description
Charity gaming.
Last Action
First reading: referred to Committee on Public Policy
1/4/2012
Full Bill Text
No bill text available