HB2331: Raffle tickets; proceeds shall not be included to determine gross receipt of qualified organization.

HOUSE BILL NO. 2331
Offered January 14, 2009
Prefiled January 14, 2009
A BILL to amend and reenact 18.2-340.26:1 of the Code of Virginia, relating to sale of raffle tickets by certain organizations.
Patron-- Athey
Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1. That 18.2-340.26:1 of the Code of Virginia is amended and reenacted as follows:

18.2-340.26:1. Sale of instant bingo, pull tabs, raffle tickets, or seal cards; proceeds not counted as gross receipts.

A. Instant bingo, pull tabs or seal cards may be sold only upon the premises owned or exclusively leased by the organization and at such times as the portion of the premises in which the instant bingo, pull tabs or seal cards are sold is open only to members and their guests. Nothing in this article shall be construed to prohibit the conduct of games of chance involving the sale of pull tabs or seal cards, commonly known as last sale games, conducted in accordance with this section.

B. The proceeds from instant bingo, pull tabs, raffle tickets, or seal cards shall not be included in determining the gross receipts for a qualified organization provided the gaming (i) is limited exclusively to members of the organization and their guests, (ii) is not open to the general public, and (iii) there is no public solicitation or advertisement made regarding such gaming.