Charitable gaming; limits audit and administration fee, adjusted gross receipts. (SB870)

Introduced By

Sen. John Cosgrove (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Department of Agriculture and Consumer Services; charitable gaming; audit and administration fee; adjusted gross receipts. Limits the audit and administration fee to no more than one and one-quarter percent of the adjusted gross receipts of a charitable organization defined as the total amount of money received by the organization from charitable gaming before the deduction of expenses and excluding prizes paid out. Under current law, the fee is limited to one and one-quarter percent of the gross receipts, which include prizes. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2015Prefiled and ordered printed; offered 01/14/15 15102764D
01/07/2015Referred to Committee on Agriculture, Conservation and Natural Resources
01/13/2015Impact statement from DPB (SB870)
01/15/2015Rereferred from Agriculture, Conservation and Natural Resources (15-Y 0-N) (see vote tally)
01/15/2015Rereferred to General Laws and Technology
01/26/2015Passed by indefinitely in General Laws and Technology (15-Y 0-N) (see vote tally)