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WA SB5443

WA SB5443
Concerning requirements for fund-raising events of bona fide charitable or nonprofit organizations.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to requirements for fund-raising events of bona 2 fide charitable or nonprofit organizations; amending RCW 9.46.0277, 3 9.46.0315, 9.46.0321, 9.46.0323, and 9.46.356. 4

AI Summary

This bill modifies several existing laws related to fund-raising events for charitable and nonprofit organizations, primarily expanding their abilities to conduct raffles and promotional contests with fewer restrictions. Specifically, the bill increases the maximum gross revenue for unlicensed raffles from $5,000 to $20,000, allows bona fide charitable organizations to conduct raffles up to four times per calendar year (instead of two), and increases the maximum ticket price for enhanced raffles from $250 to $500. The bill also clarifies that charitable organizations can now conduct promotional contests of chance and can solicit donations during these contests, provided the donation does not increase the chances of winning. Additionally, the bill updates language around financial terminology, removes some older restrictive provisions about raffle management, and ensures that organizations must maintain accurate financial records of their fund-raising events. These changes are designed to provide more flexibility for charitable and nonprofit organizations in their fund-raising activities while maintaining oversight to prevent potential abuse.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

First reading, referred to Business, Financial Services & Trade. (on 01/23/2025)

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