Bill Text: TX HB1024 | 2023-2024 | 88th Legislature | Comm Sub
Bill Title: Relating to the value of a residential dwelling offered or awarded as a prize at a charitable raffle.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2023-04-20 - Laid on the table subject to call [HB1024 Detail]
Download: Texas-2023-HB1024-Comm_Sub.html
88R4158 BEE-D | ||
By: Thompson of Harris, Kuempel, Hernandez, | H.B. No. 1024 | |
Darby, Allen |
|
||
|
||
relating to the value of a residential dwelling offered or awarded | ||
as a prize at a charitable raffle. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2002.056(b-1), Occupations Code, is | ||
amended to read as follows: | ||
(b-1) The value of a residential dwelling offered or awarded | ||
as a prize at a raffle that is purchased by the organization or for | ||
which the organization provides any consideration may not exceed | ||
$1,000,000 [ |
||
SECTION 2. The change in law made by this Act applies only | ||
to a charitable raffle conducted under Chapter 2002, Occupations | ||
Code, for which a residential dwelling is offered or awarded as a | ||
prize on or after the effective date of this Act. A charitable | ||
raffle conducted under Chapter 2002, Occupations Code, for which a | ||
residential dwelling is offered or awarded as a prize before the | ||
effective date of this Act is governed by the law in effect on the | ||
date the prize was offered or awarded, and the former law is | ||
continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2023. |