Limits prize value for county agricultural societies to be exempt from licensure requirement.
The bill modifies the limitation on the value of prizes awarded for a county agricultural society to be exempt from the licensure requirement. It specifies that such societies can be exempt if they do not award more than $100,000 in prizes for lawful gambling in a calendar year. The bill also outlines conditions for the exemption, including reporting requirements and restrictions on the sale of raffle tickets.
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