SRC-MAX H.B. 641 75(R)BILL ANALYSIS Senate Research CenterH.B. 641 By: Haggerty (Shapleigh) State Affairs 4-23-97 Engrossed DIGEST Currently, the Charitable Raffle Enabling Act (Article 179f, V.T.C.S.) limits the maximum value of a raffle prize to $25,000. Civic groups and charities use raffles to raise money. Although charities would like to offer more expensive prizes they believe that the current limit significantly reduces their fundraising capability. This bill increases the maximum value of raffle prizes to $50,000. PURPOSE As proposed, H.B. 641 sets forth provisions regarding the maximum value of a raffle prize. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Sections 3(g) and (k), Article 179f, V.T.C.S. (Charitable Raffle Enabling Act), to prohibit the value of a prize that is offered or awarded at a raffle and that is purchased by an organization or for which the organization provides any consideration from exceeding $50,000, rather than $25,000. Makes conforming changes. Makes a standard recodification change. SECTION 2. Emergency clause. Effective date: upon passage.