93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4283

 

Introduced 1/30/2004, by 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 exempted from the payment of federal income taxes under the United States Internal Revenue Code and (ii) the net proceeds from raffles conducted by the charitable institution are used by the organization for charitable, scientific, or educational purposes. Effective immediately.


LRB093 18614 LRD 44339 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4283 LRB093 18614 LRD 44339 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. A
8 charitable institution is not subject to the licensing
9 provisions of Sections 2 and 3 and the restrictions on the
10 conduct of raffles imposed under Section 4 if (i) the sole
11 purpose of the charitable institution is to raise funds for a
12 children's research hospital that is exempted from the payment
13 of federal income taxes by the United States Internal Revenue
14 Code (26 U.S.C. Section 501(c)(3)) and (ii) the net proceeds
15 from raffles conducted by the charitable institution under this
16 Act are used by the organization for charitable, scientific, or
17 educational purposes. For a charitable organization that
18 conducts raffles under this Section, all references in Sections
19 5 and 6 of this Act to a licensing authority mean the Illinois
20 Department of Revenue.
 
21     Section 99. Effective date. This Act takes effect upon
22 becoming law.