Text: HF02171 Text: HF02173 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 99B.7, subsection 1, paragraph d,
1 2 unnumbered paragraph 1, Code Supplement 2003, is amended to
1 3 read as follows:
1 4 Cash prizes shall not be awarded in games other than bingo
1 5 and raffles. The value of a prize shall not exceed ten
1 6 thousand dollars and merchandise prizes shall not be
1 7 repurchased. If a prize consists of more than one item, unit,
1 8 or part, the aggregate value of all items, units, or parts
1 9 shall not exceed ten thousand dollars. However, one raffle
1 10 may be conducted per calendar year at which real property or
1 11 one or more merchandise prizes having a combined value of more
1 12 than ten thousand dollars may be awarded or, if the licensee
1 13 is a public or nonpublic school accredited under section
1 14 256.11, a cash prize of more than ten thousand dollars may be
1 15 awarded. If a public or nonpublic school accredited under
1 16 section 256.11 conducts an annual raffle at which a cash prize
1 17 of more than ten thousand dollars may be awarded, the proceeds
1 18 from the raffle shall be used for an educational purpose.
1 19 EXPLANATION
1 20 This bill allows a public or nonpublic school to conduct
1 21 one annual raffle at which a cash prize of more than $10,000
1 22 may be awarded if the proceeds go for an educational purpose.
1 23 Under current law, one annual raffle can result in an award of
1 24 real property or merchandise having a value of more than
1 25 $10,000 without a provision specifically authorizing schools,
1 26 or any other licensee, to award a cash prize.
1 27 LSB 6158HH 80
1 28 ec/sh/8
Text: HF02171 Text: HF02173 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2004 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Feb 19 03:30:20 CST 2004
URL: /DOCS/GA/80GA/Legislation/HF/02100/HF02172/040205.html
jhf