House File 2172

                                       HOUSE FILE       
                                       BY  HOGG and STRUYK


    Passed House, Date                Passed Senate,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act allowing schools to conduct an annual cash raffle.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 6158HH 80
  4 ec/sh/8

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
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