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HB0448 Engrossed |
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LRB094 06706 AMC 36803 b |
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| AN ACT concerning gaming.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Raffles Act is amended by adding Section 8.2 |
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| as follows: |
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| (230 ILCS 15/8.2 new)
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| Sec. 8.2. Exemption for children's research hospital. |
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| (a) A charitable institution is not subject to the |
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| licensing provisions of subsection (a) of Section 2, items (1), |
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| (2), (3), (4), and (5) of Section 3, and the restrictions on |
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| the conduct of raffles imposed under item (5) of subsection (a) |
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| of Section 4 if (i) the sole purpose of the charitable |
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| institution is to raise funds for a children's research |
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| hospital that is exempted from the payment of federal income |
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| taxes by the United States Internal Revenue Code (26 U.S.C. |
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| Section 501(c)(3)), (ii) the net proceeds from raffles |
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| conducted by the charitable institution under this Act are used |
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| by the organization for charitable, scientific, or educational |
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| purposes, and (iii) the charitable institution obtains a |
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| license from the Department of Revenue under subsection (b). |
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| (b) The Department of Revenue shall, upon application |
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| therefor on forms prescribed by that Department, and upon the |
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| payment of an annual fee of $200, and upon a determination by |
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| the Department that the applicant is a charitable institution |
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| that meets the qualifications in items (i) and (ii) of |
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| subsection (a), issue a license authorizing the charitable |
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| institution to conduct raffles. A license issued under this |
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| subsection (b) shall be valid for one year.
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| (c) For a charitable organization that conducts raffles |
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| under this Section, all references in Sections 5 and 6 of this |
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| Act to a licensing authority mean the Department of Revenue. |
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| Section 99. Effective date. This Act takes effect upon |