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NC S154
Bill
AI Summary
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Increases raffle frequency for nonprofits from two per year to four per year, with no more than one raffle per quarter.
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Doubles annual prize limits for nonprofits from $125,000 to $250,000 in cash prizes and merchandise, while keeping real property prize limit at $500,000.
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Allows regional or county chapters of nonprofit organizations to conduct raffles independently of their parent organization.
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Authorizes nonprofits to offer alcoholic beverages in original closed containers as raffle prizes or sell them at auction during ticketed fund-raising events.
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Permits alcoholic beverage commission to reissue limited special occasion and special one-time permits to nonprofits with minimal requirements if the same representative requests reissuance for the same location within 18 months.
Legislative Description
Charitable Fund-Raising for Nonprofit Orgs
Last Action
Re-ref Com On Finance
3/30/2017