94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB0448

 

Introduced 1/26/2005, by Rep. Jay C. Hoffman

 

SYNOPSIS AS INTRODUCED:
 
230 ILCS 15/8.2 new

    Amends the Raffles Act. Provides that certain licensing requirements and certain restrictions on the conduct of raffles do not apply to a charitable institution if (i) the sole purpose of the charitable institution is to raise funds for a children's research hospital that is exempted from the payment of federal income taxes by the United States Internal Revenue Code, (ii) the net proceeds from raffles conducted by the charitable institution are used by the organization for charitable, scientific, or educational purposes, and (iii) the charitable institution obtains a license from the Department of Revenue to conduct raffles. Effective immediately.


LRB094 06706 AMC 36803 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0448 LRB094 06706 AMC 36803 b

1     AN ACT concerning gaming.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Raffles Act is amended by adding Section 8.2
5 as follows:
 
6     (230 ILCS 15/8.2 new)
7     Sec. 8.2. Exemption for children's research hospital.
8     (a) A charitable institution is not subject to the
9 licensing provisions of subsection (a) of Section 2, items (1),
10 (2), (3), (4), and (5) of Section 3, and the restrictions on
11 the conduct of raffles imposed under item (5) of Section 4 if
12 (i) the sole purpose of the charitable institution is to raise
13 funds for a children's research hospital that is exempted from
14 the payment of federal income taxes by the United States
15 Internal Revenue Code (26 U.S.C. Section 501(c)(3)), (ii) the
16 net proceeds from raffles conducted by the charitable
17 institution under this Act are used by the organization for
18 charitable, scientific, or educational purposes, and (iii) the
19 charitable institution obtains a license from the Department of
20 Revenue under subsection (b).
21     (b) The Department of Revenue shall, upon application
22 therefor on forms prescribed by that Department, and upon the
23 payment of an annual fee of $200, and upon a determination by
24 the Department that the applicant is a charitable institution
25 that meets the qualifications in items (i) and (ii) of
26 subsection (a), issue a license authorizing the charitable
27 institution to conduct raffles. A license issued under this
28 subsection (b) shall be valid for one year.
29     (c) For a charitable organization that conducts raffles
30 under this Section, all references in Sections 5 and 6 of this
31 Act to a licensing authority mean the Department of Revenue.
 
32     Section 99. Effective date. This Act takes effect upon

 

 

HB0448 - 2 - LRB094 06706 AMC 36803 b

1 becoming law.