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OH HB165
Bill
Status
3/22/2011
Primary Sponsor
Bruce Goodwin
Click for details
AI Summary
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Excludes property taxes and assessments levied on premises from the calculation of "net profit from the proceeds of the sale of instant bingo" for veterans, fraternal, and sporting organizations conducting instant bingo.
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Clarifies that no charitable organization is required to pay property taxes or assessments on premises leased from another person to conduct bingo games.
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Amends the definitions in Ohio Revised Code sections 2915.01 and 2915.09 related to bingo operations and charitable gaming.
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Applies specifically to instant bingo conducted by veterans organizations, fraternal organizations, and sporting organizations when calculating net profits for distribution purposes.
Legislative Description
To exclude property taxes and assessments from the calculation of net profit from the proceeds of the sale of instant bingo for veterans, fraternal, and sporting organizations and to clarify that no charitable organization is required to pay property taxes on a premises leased from another person to conduct bingo.
Charitable bingo-property tax exclusions
Last Action
To Ways & Means
3/22/2011