Text: S05119                            Text: S05121
Text: S05100 - S05199                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 5120

Amendment Text

PAG LIN
  1  1    Amend Senate File 2391 as follows:
  1  2    #1.  Page 1, by inserting before line 1 the
  1  3 following:
  1  4    "Section 1.  Section 99B.1, subsection 18, Code
  1  5 1999, is amended to read as follows:
  1  6    18.  "Net receipts" means gross receipts less
  1  7 amount awarded as prizes and less state and local
  1  8 sales tax paid upon the gross receipts.  Reasonable
  1  9 expenses, charges, fees, taxes other than the state
  1 10 and local sales tax, and deductions allowed by the
  1 11 department shall not exceed twenty-five fifty percent
  1 12 of net receipts."
  1 13    #2.  Page 4, by inserting after line 15 the
  1 14 following:
  1 15    "Sec.    .  Section 99B.7, subsection 3, paragraph
  1 16 b, unnumbered paragraph 2, Code 1999, is amended to
  1 17 read as follows:
  1 18    Proceeds given to another charitable organization
  1 19 to satisfy the seventy-five fifty percent dedication
  1 20 requirement shall not be used by the donee to pay any
  1 21 expenses in connection with the conducting  of bingo
  1 22 by the donor organization, or for any cause, deed, or
  1 23 activity that would not constitute a valid dedication
  1 24 under this section."
  1 25    #3.  Page 4, line 28, by striking the word
  1 26 "seventy-five" and inserting the following:  "seventy-
  1 27 five fifty".
  1 28    #4.  Page 5, line 15, by striking the word
  1 29 "seventy-five" and inserting the following:  "seventy-
  1 30 five fifty".  
  1 31 
  1 32 
  1 33                               
  1 34 MIKE CONNOLLY
  1 35 SF 2391.203 78
  1 36 tj/gg
     

Text: S05119                            Text: S05121
Text: S05100 - S05199                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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