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Thursday, February 10, 2005

Ind. Law - Bingo bill passes Senate Tuesday

The bingo bill (SB 140) passed the Senate Tuesday. The amended digest:

Use of charity gaming proceeds. Prohibits the department of state revenue (department) from adopting a rule requiring a qualified organization to use a minimum percentage of its gross receipts from allowable events for its lawful purposes. Eliminates the department's authority to set by rule the allowable expenditures of a qualified organization with respect to an allowable event. Sets forth the expenses that may be subtracted from gross receipts to determine a qualified organization's net proceeds from an allowable event. Voids certain rules adopted by the department regarding the use of charity gaming proceeds.
The ILB background:

June 28, 2003 - Bingo halls sue state over new regulations

August 11, 2004
- Trial Court Decides Bingo Rulemaking Flawed

September 15, 2004 - Update on Flawed Bingo Rules

December 18, 2004 - Impact of bingo rulemaking decision reflected in annual Dept. of Revenue report

Posted by Marcia Oddi on February 10, 2005 09:01 AM
Posted to Indiana Government | Indiana Law