Text: SF02142 Text: SF02144 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE FILE 2143
1 2
1 3 AN ACT
1 4 RELATING TO THE ELIGIBILITY OF CERTAIN SCHOOL ORGANIZATIONS
1 5 TO CONDUCT GAMES AND RAFFLES AND THE DISPOSITION OF RECEIPTS
1 6 FROM GAMES AND RAFFLES.
1 7
1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 9
1 10 Section 1. Section 99B.1, Code 1999, is amended by adding
1 11 the following new subsection:
1 12 NEW SUBSECTION. 24. "Unrelated entity" means a person
1 13 that has a separate and distinct state charter and tax
1 14 identification number from any other person, and, if the
1 15 person is an individual, an individual that is not related by
1 16 law or by consanguinity.
1 17 Sec. 2. Section 99B.7, subsection 1, paragraph m,
1 18 subparagraph (1), Code l999, is amended to read as follows:
1 19 (1) The organization is eligible for exemption from
1 20 federal income taxes under section 501(c)(3), 501(c)(4),
1 21 501(c)(5), 501(c)(6), 501(c)(7), 501(c)(8), 501(c)(10), or
1 22 501(c)(19) of the Internal Revenue Code as defined in section
1 23 422.3, or in lieu of eligibility for exemption from federal
1 24 income taxes, the organization is a parent-teacher
1 25 organization or booster club that is recognized as a fund-
1 26 raiser and supporter for a school district organized pursuant
1 27 to chapter 274 or for a school within the school district, in
1 28 a notarized letter signed by the president of the board of
1 29 directors, the superintendent of the school district, or a
1 30 principal of a school within that school district.
1 31 Sec. 3. Section 99B.7, Code 1999, is amended by adding the
1 32 following new subsection:
1 33 NEW SUBSECTION. 3A. If a licensee derives ninety percent
1 34 or more of its total income from conducting bingo, raffles, or
1 35 small games of chance, at least seventy-five percent of the
2 1 licensee's net receipts shall be distributed to an unrelated
2 2 entity for an educational, civic, public, charitable,
2 3 patriotic, or religious use.
2 4
2 5
2 6
2 7 MARY E. KRAMER
2 8 President of the Senate
2 9
2 10
2 11
2 12 BRENT SIEGRIST
2 13 Speaker of the House
2 14
2 15 I hereby certify that this bill originated in the Senate and
2 16 is known as Senate File 2143, Seventy-eighth General Assembly.
2 17
2 18
2 19
2 20 MICHAEL E. MARSHALL
2 21 Secretary of the Senate
2 22 Approved , 2000
2 23
2 24
2 25
2 26 THOMAS J. VILSACK
2 27 Governor
Text: SF02142 Text: SF02144 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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