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NC H831

Bill

Official Source

Status

Introduced

4/14/2015

Primary Sponsor

Joe Queen

Click for details

Origin

House of Representatives

2015-2016 Session

AI Summary

  • Repeals maximum value restrictions on raffle prizes for nonprofit organizations currently set at $125,000 cash, $125,000 in merchandise, or $500,000 in real property.

  • Allows nonprofit organizations to conduct raffles with donated items of higher values, including antique motor vehicles, art, and real estate.

  • Amends G.S. 14-309.15 by repealing subsections (d) and (g).

  • Becomes effective May 1, 2015, and applies to offenses committed on or after that date.

Legislative Description

Remove Raffle Value Restrictions

Last Action

Ref to the Com on Regulatory Reform, if favorable, Judiciary III

4/15/2015

Committee Referrals

Regulatory Reform4/15/2015

Full Bill Text

No bill text available