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Rep. Jay C. Hoffman
Filed: 3/24/2004
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09300HB4283ham001 |
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LRB093 18614 LRD 49068 a |
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| AMENDMENT TO HOUSE BILL 4283
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| AMENDMENT NO. ______. Amend House Bill 4283 on page 1, line |
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| 14, by replacing every thing after the enacting clause with the |
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| following:
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| "Section 5. The Raffles Act is amended by adding Section |
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| 8.2 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 |