SB 6339-S - DIGEST

(DIGEST OF PROPOSED 1ST SUBSTITUTE)

     Provides that bona fide charitable or nonprofit organizations may hire a person or vendor, who is licensed or approved by the commission, to organize and conduct a fund raising event on behalf of the sponsoring organization subject to the following restrictions:  (1) The person or vendor may not provide the facility for the event;

     (2) the person or vendor may use paid personnel and may be compensated by a fixed fee determined prior to the event, but may not share in the proceeds of the event;

     (3) all wagers must be made with scrip or chips having no cash value.  At the end of the event, participants may be given the opportunity to purchase or otherwise redeem their scrip or chips for merchandise prizes.  The value of all purchased prizes must not exceed ten percent of the gross revenue from the event; and

     (4) only members and guests of the sponsoring organization may participate in the event.