Charitable gaming; conduct of athletic event drawings.
What changed between versions
Added new section 18.2-340.28:3 governing athletic event drawings, allowing affiliated nonprofit organizations to conduct 50/50 raffles at home games and team events.
Updated the definition of 'Charitable organization' to require three years of existence instead of two years prior to conducting an athletic event drawing.
Changed the definition of 'Organization' to renumber subdivisions, adding a catch-all provision for small nonprofits with annual gross receipts of $40,000 or less.
Established that athletic event drawing prizes must equal 50% of ticket sales, with the remaining 50% donated to designated charitable organizations within seven days.
Added civil penalties for violations of athletic event drawing provisions, ranging from $500 for first violations to up to $1,500 for third or subsequent violations.
Added restrictions prohibiting athletic event drawing tickets from being sold in family sections or to anyone under 18 years of age.
Updated various formatting elements including bill numbers, session dates, and committee references to reflect the House substitute version.