summary
Introduced
01/08/2024
01/08/2024
In Committee
02/14/2024
02/14/2024
Crossed Over
02/06/2024
02/06/2024
Passed
Dead
04/11/2024
04/11/2024
Introduced Session
2024 Regular Session
Bill Summary
Charitable Sports Raffle Act established; penalties. Establishes the Charitable Sports Raffles Act for the purpose of authorizing athletic event drawings, defined in the bill, to be conducted by affiliated nonprofit organizations that conduct such drawings in accordance with regulations promulgated by the Department of Agriculture and Consumer Services. The bill places limits on when and where an athletic event drawing may be held and requires the prize amount of any such drawing to be 50 percent of the total amount collected from the sale of the tickets. The bill requires the organization to donate a certain percentage of the remaining funds in accordance with Department regulations and imposes certain civil and criminal penalties for violations of the provisions of the bill.
AI Summary
This bill establishes the Charitable Sports Raffles Act, which authorizes athletic event drawings to be conducted by affiliated nonprofit organizations in accordance with regulations from the Department of Agriculture and Consumer Services. The bill sets limits on when and where these drawings can be held, requires the prize amount to be 50% of the total amount collected from ticket sales, and mandates that a certain percentage of the remaining funds be donated to designated charitable organizations. The bill also imposes civil penalties for violations and exempts certain organizations from application and audit fees. Overall, the bill aims to enable charitable organizations to raise funds through athletic event drawings while ensuring proper regulation and oversight.
Committee Categories
Budget and Finance, Business and Industry, Justice
Sponsors (1)
Last Action
Continued to 2025 in Finance and Appropriations (14-Y 1-N) (on 02/27/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB527 |
| BillText | https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB527S1+hil |
| Substitute for HB527 for S-General Laws and Technology | https://committees.lis.virginia.gov/pdfs/drafts/24107705D.pdf |
| Fiscal Note/Analysis - House: Prefiled and ordered printed; offe | https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB527F122+PDF |
| BillText | https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB527+hil |
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