SRC-LBB H.B. 2056 78(R) BILL ANALYSIS Senate Research Center H.B. 2056 78R8455 EMT-DBy: Dawson (Jackson) State Affairs 5/16/2003 Engrossed DIGEST AND PURPOSE Under current law, the maximum face value of a charitable raffle prize is $50,000. H.B. 2056 increases the face value of a charitable raffle price to $250,000. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Sections 2002.056(b) and (c), Occupations Code, as follows: (b) Prohibits the value of a prize offered or awarded at a raffle that is purchased by an organization or for which the organization provides any consideration from exceeding $250,000, rather than $50,000. (c) Makes conforming changes. SECTION 2. (a) Effective date: upon passage or September 1, 2003. (b) Makes application of this Act prospective.