Donation of Gross Charity Gaming Receipts

Checkout our iOS App for a better way to browser and research.

Sec. 4. (a) A qualified organization that receives at least ninety percent (90%) of the organization's total gross receipts from any activity under this article must donate sixty percent (60%) of its gross charitable gaming receipts less prize payout to a qualified recipient that is not an affiliate, a parent, or a subsidiary organization of the qualified organization.

(b) For purposes of this section, a veterans' home or hospital is not considered to be an affiliate, a parent, or a subsidiary organization of a qualified organization that is a bona fide veterans organization.

As added by P.L.58-2019, SEC.4.


Download our app to see the most-to-date content.