Amends GS 14-309.15 by increasing the cap on (1) appraised value of real property that may be offered for any one raffle and (2) the total appraised value of all real estate prizes offered by any nonprofit in a calendar year, to $750,000 (was, $500,000). Prohibits no more than three real estate prizes from being offered by any nonprofit organization in any calendar year.
RAFFLES/INCREASE REAL ESTATE PRIZE LIMIT.
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO INCREASE THE TOTAL APPRAISED VALUE OF ALL REAL ESTATE PRIZES OFFERED DURING A CALENDAR YEAR BY A NONPROFIT ORGANIZATION AS PART OF A RAFFLE.Intro. by Jarvis, Johnson.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Apr 10 2023)
Bill History:
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Thu, 6 Apr 2023 Senate: Filed
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Mon, 10 Apr 2023 Senate: Passed 1st Reading
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Mon, 10 Apr 2023 Senate: Ref To Com On Rules and Operations of the Senate
S 666
Bill Summaries:
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Bill S 666 (2023-2024)Summary date: Apr 10 2023 - View Summary
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