H0826B1128A00670 DMS:EJH 04/05/19 #90 A00670
AMENDMENTS TO HOUSE BILL NO. 826
Sponsor: REPRESENTATIVE CONKLIN
Printer's No. 1128
Amend Bill, page 6, lines 8 through 18, by striking out all
of said lines and inserting
(h) Eligibility.--
(1) In order to receive proceeds from an athletic event
drawing, a charitable organization must be:
(i) in existence and fulfilling its purposes for at
least two years prior to the drawing; and
(ii) eligible for exemption under section 501(c)(3)
of the Internal Revenue Code of 1986 (Public Law 99-514,
26 U.S.C. § 501(c)(3)).
(2) A political subdivision shall not qualify as a
charitable organization under this section.
(3) An institution of higher education that is qualified
for an exemption under section 501(c)(3) of the Internal
Revenue Code of 1986 and meets the eligibility requirements
under paragraph (1)(i) may conduct
Amend Bill, page 6, by inserting between lines 25 and 26
(4) Notwithstanding paragraph (1)(ii), an institution of
higher education that is qualified for an exemption under
section 115 of the Internal Revenue Code of 1986 (Public Law
99-514, 26 U.S.C. § 115) and meets the eligibility
requirements under paragraph (1)(i) may conduct an athletic
event drawing as the affiliated nonprofit organization and
may receive the proceeds therefrom as the designated
charitable organization at any home game or charitable event
of any of its own collegiate athletic teams, provided that
the proceeds are used exclusively for public interest
purposes or for purposes permitted under subsection (f).
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See A00670 in
the context
of HB0826