House Amendment 8580 PAG LIN 1 1 Amend House File 2695 as follows: 1 2 #1. Page 2, by inserting after line 6 the 1 3 following: 1 4 <Sec. . Section 423.3, subsection 78, 1 5 unnumbered paragraph 2, Code Supplement 2007, is 1 6 amended to read as follows: 1 7 This exemption does not apply to the sales price 1 8 from games of skill, games of chance, raffles, and 1 9 bingo games as defined in chapter 99B. However, this 1 10 exemption applies to the sales price from raffles held 1 11 by public elementary schools in the state. This 1 12 exemption is disallowed on the amount of the sales 1 13 price only to the extent the profits from the sales, 1 14 rental, or services are not used by or donated to the 1 15 appropriate entity and expended for educational, 1 16 religious, or charitable purposes.> 1 17 #2. Title page, line 2, by inserting after the 1 18 word <festivals> the following: <, raffles,>. 1 19 1 20 1 21 1 22 VAN FOSSEN of Scott 1 23 HF 2695.701 82 1 24 ec/nh/12582 1 25 1 26 1 27 1 28 1 29 1 30 1 31 1 32 1 33 1 34 1 35 1 36 1 37 1 38 1 39 1 40 1 41 1 42 1 43 1 44 1 45 1 46 1 47 1 48 1 49 1 50 -1-