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IN HB1400

IN HB1400
Type II gaming. Authorizes retailers engaged in type II gaming to conduct progressive raffle events using games approved by the Indiana gaming commission for use by qualified organizations holding annual raffle licenses. Specifies requirements for conducting progressive raffle events. Specifies that progressive raffle events are included when determining a retailer's license renewal fee and when taxing distributors. Provides that there is no prize limit for a progressive raffle event and that th


summary

Introduced
01/16/2018
In Committee
01/16/2018
Crossed Over
Passed
Dead
03/14/2018

Introduced Session

2018 Regular Session

Bill Summary

Type II gaming. Authorizes retailers engaged in type II gaming to conduct progressive raffle events using games approved by the Indiana gaming commission for use by qualified organizations holding annual raffle licenses. Specifies requirements for conducting progressive raffle events. Specifies that progressive raffle events are included when determining a retailer's license renewal fee and when taxing distributors. Provides that there is no prize limit for a progressive raffle event and that the minimum payout percentage for a progressive raffle event is 80%.

AI Summary

This bill authorizes retailers engaged in Type II gaming to conduct progressive raffle events using games approved by the Indiana Gaming Commission for use by qualified organizations holding annual raffle licenses. The bill specifies requirements for conducting these progressive raffle events, including that they are included when determining a retailer's license renewal fee and when taxing distributors. The bill also provides that there is no prize limit for a progressive raffle event and that the minimum payout percentage is 80%.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

First reading: referred to Committee on Public Policy (on 01/16/2018)

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