Bill would raise limit on charity prizes, tax the profits: "As part of a proposed $27.9 billion budget for fiscal 2009-10, legislative leaders want to increase the weekly limits on prizes for games such as raffles, punchboards and pull tabs.
For years, that limit has been $5,000, but new legislation would lift it to $20,000 a week. Also, under Senate Bill 211, the maximum prize in any one small game of chance would increase from $500 to $1,000."
No comments:
Post a Comment