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Senate Counsel, Research
and Fiscal Analysis
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G-17 State Capitol
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75 Rev. Dr. Martin Luther King Jr. Blvd.
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St. Paul, MN 55155-1606
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(651) 296-4791
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Fax: (651) 296-7747
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Tom Bottern
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Director
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Senate
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State of Minnesota
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S.F. No. 1856 - Lawful Gambling Licensed Organizations Authority to Contribute Net Profits to 501(c)(19) Organizations
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Author:
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Senator John Carlson
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Prepared By:
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Stephanie J. James, Senate Counsel (651/296-0103)
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Date:
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March 5, 2012
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Section 1 [501(c)(19) Organization] defines 501(c)(19) organization.
Section 2 [Lawful Purpose] permits contributions of gross profits from lawful gambling to 501(c)(19) organizations that do not have an organization license to conduct lawful gambling; are not affiliated with the contributing organization; and whose owned or leased property is not a permitted premises for conducting lawful gambling. This section limits the 501(c)(19) organization’s use of the contribution.
SJJ/rdr
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Check on the status of this bill
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Last review or update: 03/05/2012
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