HB 378 - AS INTRODUCED
2001 SESSION
08/01
HOUSE BILL 378
AN ACT requiring organizations engaged in the conduct of charitable gambling to reserve at least 80 percent of the revenue for use within New Hampshire.
This bill requires charitable organizations engaged in the conduct of bingo or lucky 7 to reserve at least 80 percent of the revenue retained to be used for the purposes of the charitable organization within the state of New Hampshire.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01-0862
08/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT requiring organizations engaged in the conduct of charitable gambling to reserve at least 80 percent of the revenue for use within New Hampshire.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraph; Charitable Gambling; Revenue Received From Bingo. Amend RSA 287-E:5, V by inserting after subparagraph (d) the following new subparagraph:
(e) At least 80 percent of revenues retained from the conduct of bingo shall be used within the state to promote the purposes of the charitable organization.
2 New Paragraph; Charitable Gambling; Revenue Received From Lucky 7. Amend RSA 287-E:20 by inserting after paragraph VI the following new paragraph:
VII. At least 80 percent of revenues retained from the sale of lucky 7 tickets shall be used within the state to promote the purposes of the charitable organization.
3 Effective Date. This act shall take effect 60 days after its passage.