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NY S07506

Bill

Official Source

Status

Passed

9/7/2012

Primary Sponsor

George Maziarz

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Increases the maximum single raffle prize from fifty thousand dollars to one hundred thousand dollars
  • Removes the previous requirement for authorized organizations to file a statement of intent when awarding raffle prizes valued at one hundred thousand dollars
  • Increases the aggregate raffle prize limit per license period from five hundred thousand dollars to two million dollars
  • Takes effect immediately upon enactment

Legislative Description

Relates to restrictions upon the conduct of games of chance.

Last Action

SIGNED CHAP.455

9/7/2012

Committee Referrals

Rules6/12/2012
Racing, Gaming and Wagering5/30/2012

Full Bill Text

No bill text available