Text: S05151 Text: S05153 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend Senate File 2012 as follows:
1 2 #1. By striking everything after the enacting
1 3 clause and inserting the following:
1 4 "Section 1. REAL PROPERTY RAFFLE AUTHORIZED –
1 5 TEMPORARY.
1 6 1. Notwithstanding a contrary provision of section
1 7 99B.7, upon application and payment of a fee of one
1 8 hundred dollars, the department of inspections and
1 9 appeals shall issue a raffle license to a tax-exempt,
1 10 nonprofit, charitable organization for the purpose of
1 11 raffling a parcel of real property which was acquired
1 12 as a gift by the organization. The license shall
1 13 allow the conducting of a raffle for not more than
1 14 nine months during the calendar years 1996 and 1997.
1 15 The license to conduct the real estate raffle shall be
1 16 purchased within ten days after the effective date of
1 17 this Act. The value of the parcel of real property to
1 18 be raffled may exceed twenty thousand dollars and the
1 19 cost to participate in the raffle may exceed one
1 20 dollar for each participant.
1 21 2. The licensee shall meet all other requirements
1 22 for licensees under section 99B.2 and 99B.7. In
1 23 addition, the licensee shall keep the receipts from
1 24 the raffle in a separate financial account and shall
1 25 file a cumulative report for the raffle by July 1,
1 26 1997, with the department of inspections and appeals
1 27 in a form determined by the department.
1 28 3. The department of inspections and appeals shall
1 29 conduct a special audit of the raffle by July 15,
1 30 1997, to verify compliance with the appropriate
1 31 requirements of chapter 99B and this Act, except as
1 32 otherwise provided in this Act. The department of
1 33 inspections and appeals shall file a copy of the audit
1 34 report with the governor and the general assembly on
1 35 or before July 30, 1997.
1 36 Sec. 2. EFFECTIVE DATE. This Act, being deemed of
1 37 immediate importance, takes effect upon enactment.
1 38 Sec. 3. REPEALER. This Act is repealed effective
1 39 July 30, 1997."
1 40 #2. Title page, line 1, by inserting after the
1 41 word "raffles" the following: "and providing an
1 42 effective date".
1 43
1 44
1 45
1 46 ROD HALVORSON
1 47 SF 2012.303 76
1 48 tj/cf
Text: S05151 Text: S05153 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
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