Illinois General Assembly - Full Text of HB0448
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Full Text of HB0448  94th General Assembly

HB0448eng 94TH GENERAL ASSEMBLY



 


 
HB0448 Engrossed 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 subsection (a)
12 of Section 4 if (i) the sole purpose of the charitable
13 institution is to raise funds for a children's research
14 hospital that is exempted from the payment of federal income
15 taxes by the United States Internal Revenue Code (26 U.S.C.
16 Section 501(c)(3)), (ii) the net proceeds from raffles
17 conducted by the charitable institution under this Act are used
18 by the organization for charitable, scientific, or educational
19 purposes, and (iii) the charitable institution obtains a
20 license from the Department of 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 Engrossed - 2 - LRB094 06706 AMC 36803 b

1 becoming law.