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HB4283 Engrossed |
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LRB093 18614 LRD 44339 b |
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| AN ACT concerning gaming.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Raffles Act is amended by adding Section 8.2 |
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| as follows:
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| (230 ILCS 15/8.2 new)
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| Sec. 8.2. Exemption for children's research hospital. |
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| (a) A charitable institution is not subject to the |
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| licensing provisions of subsection (a) of Section 2, items (1), |
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| (2), (3), (4), and (5) of Section 3, and the restrictions on |
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| the conduct of raffles imposed under item (5) of Section 4 if |
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| (i) the sole purpose of the charitable institution is to raise |
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| funds for a children's research hospital that is exempted from |
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| the payment of federal income taxes by the United States |
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| Internal Revenue Code (26 U.S.C. Section 501(c)(3)), (ii) the |
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| net proceeds from raffles conducted by the charitable |
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| institution under this Act are used by the organization for |
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| charitable, scientific, or educational purposes, and (iii) the |
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| charitable institution obtains a license from the Department |
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| under subsection (b). |
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| (b) The Department of Revenue shall, upon application |
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| therefor on forms prescribed by that Department, and upon the |
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| payment of an annual fee of $200, and upon a determination by |
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| the Department that the applicant is a charitable institution |
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| that meets the qualifications in items (i) and (ii) of |
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| subsection (a), issue a license authorizing the charitable |
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| institution to conduct raffles. A license issued under this |
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| subsection (b) shall be valid for one year.
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| (c) For a charitable organization that conducts raffles |
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| under this Section, all references in Sections 5 and 6 of this |
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| Act to a licensing authority mean the Illinois Department of |
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| Revenue.
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