South Carolina Legislature


 

(Use of stop words in a search will not produce desired results.)
(For help with formatting search criteria, click here.)
We're sorry. The following word is a stop word and your results may not be accurate:
 --    S

Click here to see a list of stop words.
S 57 found 11 times.    Next
H 4353
Session 123 (2019-2020) 

H 4353  General Bill, By Fry, Hewitt, Rose, Erickson, Kirby, Clary and Sottile

Similar(S 719, H 4937)
A BILL TO AMEND SECTION 33-57Next-120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RAFFLES CONDUCTED BY NONPROFIT ORGANIZATIONS, SO AS TO AUTHORIZE NONPROFIT ORGANIZATIONS RECOGNIZED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(c)(5) TO CONDUCT A RAFFLE AND TO REMOVE THE PROHIBITION ON THE USE OF FUNDS RAISED BY THE RAFFLE TO PURCHASE ATHLETIC EQUIPMENT; TO AMEND SECTION 33-Previous57Next-140, AS AMENDED, RELATING TO STANDARDS FOR RAFFLES, SO AS TO INCREASE THE FAIR MARKET VALUE OF INDIVIDUAL PRIZE AND TOTAL PRIZE LIMITS; AND TO REPEAL SECTION 33-Previous57Next-200 RELATING TO THE REPEAL OF CHAPTER Previous57Next, TITLE 33.
View full text 03/28/19 House Introduced and read first time (House Journal-page 49) 03/28/19 House Referred to Committee on Ways and Means (House Journal-page 49) 04/23/19 House Member(s) request name added as sponsor: Hewitt, Rose, Erickson, Kirby, Clary 04/24/19 House Member(s) request name added as sponsor: Sottile


VERSIONS OF THIS BILL

3/28/2019



H. 4353

A BILL

TO AMEND SECTION 33-Previous57Next-120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RAFFLES CONDUCTED BY NONPROFIT ORGANIZATIONS, SO AS TO AUTHORIZE NONPROFIT ORGANIZATIONS RECOGNIZED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(c)(5) TO CONDUCT A RAFFLE AND TO REMOVE THE PROHIBITION ON THE USE OF FUNDS RAISED BY THE RAFFLE TO PURCHASE ATHLETIC EQUIPMENT; TO AMEND SECTION 33-Previous57Next-140, AS AMENDED, RELATING TO STANDARDS FOR RAFFLES, SO AS TO INCREASE THE FAIR MARKET VALUE OF INDIVIDUAL PRIZE AND TOTAL PRIZE LIMITS; AND TO REPEAL SECTION 33-Previous57Next-200 RELATING TO THE REPEAL OF CHAPTER Previous57Next, TITLE 33.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 33-Previous57Next-120(A) of the 1976 Code is amended to read:

"(A)    A nonprofit organization is qualified to conduct raffles in accordance with the provisions of this chapter if the nonprofit organization:

(1)    is recognized by the South Carolina Department of Revenue and the United States Internal Revenue Service as exempt from federal and state income taxation pursuant to Internal Revenue Code Section 501(c)(3), 501(c)(4), 501(c)(5), 501(c)(6), 501(c)(7), 501(c)(8), 501(c)(10), 501(c)(19), or 501(d), or is a class, department, or organization of an educational institution, as defined in Chapter 56, Title 33;

(2)    is organized and operated for religious, charitable, scientific, literary, or educational purposes, or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment), or for the prevention of cruelty to children or animals; and

(3)    is registered with the Secretary pursuant to the requirements of Chapter 56, Title 33, unless it is exempt from or not required to follow the registration requirements of Chapter 56, Title 33, or is a governmental unit or educational institution of this State."

SECTION    2.    Section 33-Previous57Next-140(L) of the 1976 Code is amended to read:

"(L)    An individual prize awarded to each winner in a raffle shall not exceed a maximum fair market value of forty eighty thousand dollars. No real property shall be offered as a prize in a raffle. For each raffle event, the total fair market value of all prizes offered by any nonprofit organization shall not exceed two three hundred fifty thousand dollars."

SECTION    3.    Section 33-Previous57-200 of the 1976 Code is repealed.

SECTION    4.    This act takes effect upon approval by the Governor.

----XX----




Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v