If enacted, nonprofit groups running athletic event drawings would direct part of the money left after prizes to fire and emergency medical grants and report yearly totals.
Of the half left after prizes, organizations would give 95% to the named charities and use 5% to fund fire and emergency medical grants.
Organizations would report yearly ticket sales, donations to the named charities, and money sent to support fire and emergency medical grants.
Each organization would give 95% of the half left after prizes to the named charities and use the other 5% to fund fire and emergency medical grants. This applies to affiliated nonprofit organizations that conduct an athletic event drawing. The charitable donations must be used only for public interest purposes. The grant money is for grants issued by the Office of State Fire Commissioner. The act would take effect 30 days after enactment. Starting on the first June 30 one year after this paragraph takes effect, organizations would remit the prior year's grant amount each June 30.
Each organization would report its prior year's ticket sales, charitable donations, and grant remittances to the State Treasurer. This applies to each affiliated nonprofit organization that conducts an athletic event drawing. The State Treasurer would use a prescribed form and send each report to the department and the listed legislative committee chairs. Reports would be due by the first September 30 after the first remittance date, and each September 30 after that.
No hearings or votes scheduled.