Bill Text: TX HB115 | 2017-2018 | 85th Legislature | Comm Sub
Bill Title: Relating to the value of a residential dwelling that may be offered or awarded as a prize at a charitable raffle.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2017-05-05 - Referred to State Affairs [HB115 Detail]
Download: Texas-2017-HB115-Comm_Sub.html
85R2875 DMS-D | ||
By: Guillen, Springer | H.B. No. 115 |
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relating to the value of a residential dwelling that may be 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 $2 | ||
million [ |
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SECTION 2. The change in law made by this Act applies to a | ||
charitable raffle conducted under Chapter 2002, Occupations Code, | ||
for which the prize is to be awarded on or after the effective date | ||
of this Act. | ||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2017. |