SB5443 regulates fund-raising events for charitable and nonprofit organizations, including raffles, bingo, and promotional contests of chance.

SB5443 sets requirements for fund-raising events conducted by bona fide charitable or nonprofit organizations. It allows these organizations to conduct raffles with gross revenues not exceeding $20,000 per year, provided they notify local police and obtain necessary permits. Raffles exceeding $20,000 require a license from the commission. The bill also authorizes promotional contests of chance, where no purchase or donation is necessary for entry, and specifies that these contests are not considered gambling.

SB5443 regulates fund-raising events for charitable and nonprofit organizations, including raffles, bingo, and promotional contests of chance.

SB5443 sets requirements for fund-raising events conducted by bona fide charitable or nonprofit organizations. It allows these organizations to conduct raffles with gross revenues not exceeding $20,000 per year, provided they notify local police and obtain necessary permits. Raffles exceeding $20,000 require a license from the commission. The bill also authorizes promotional contests of chance, where no purchase or donation is necessary for entry, and specifies that these contests are not considered gambling.