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S06790 Summary:

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S06790 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6790
 
                    IN SENATE
 
                                    February 23, 2016
                                       ___________
 
        Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Racing, Gaming and  Wager-
          ing
 
        AN  ACT  to  amend  the general municipal law, in relation to increasing
          certain prize amount thresholds for raffles
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Subdivisions 5 and 8 of section 189 of the general munici-
     2  pal law, as amended by chapter 455 of the laws of 2012, are  amended  to
     3  read as follows:
     4    5.  No single prize awarded by games of chance other than raffle shall
     5  exceed the sum or value  of  three  hundred  dollars,  except  that  for
     6  merchandise wheels, no single prize shall exceed the sum or value of two
     7  hundred  fifty  dollars.  No single prize awarded by raffle shall exceed
     8  the sum or value of [one] three  hundred  thousand  dollars.  No  single
     9  wager  shall  exceed  six  dollars  and  for  bell jars, coin boards, or
    10  merchandise boards, no single prize shall exceed  five  hundred  dollars
    11  provided, however, that such limitation shall not apply to the amount of
    12  money or value paid by the participant in a raffle in return for a tick-
    13  et  or  other receipt. For coin boards and merchandise boards, the value
    14  of a prize shall be determined by its costs to the authorized  organiza-
    15  tion or, if donated, its fair market value.
    16    8.  Except  for merchandise wheels and raffles, no series of prizes on
    17  any one occasion shall aggregate more than four hundred dollars when the
    18  licensed authorized organization conducts five single types of games  of
    19  chance  during  any  one  license period. Except for merchandise wheels,
    20  raffles and bell jars, no series of prizes on  any  one  occasion  shall
    21  aggregate  more  than  five hundred dollars when the licensed authorized
    22  organization conducts less than five single types of  games  of  chance,
    23  exclusive  of  merchandise wheels, raffles and bell jars, during any one
    24  license period. No authorized organization shall award by raffle  prizes
    25  with  an aggregate value in excess of [two] three million dollars during
    26  any one license period.
    27    § 2. This act shall take effect immediately.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13915-02-6