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AN ACT
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relating to the value of a residential dwelling offered or awarded |
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as a prize at a charitable raffle. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2002.056(b-1), Occupations Code, is |
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amended to read as follows: |
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(b-1) The value of a residential dwelling offered or awarded |
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as a prize at a raffle that is purchased by the organization or for |
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which the organization provides any consideration may not exceed |
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$750,000 [$250,000]. |
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SECTION 2. The change in law made by this Act applies only |
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to a charitable raffle conducted under Chapter 2002, Occupations |
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Code, for which a residential dwelling is offered or awarded as a |
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prize on or after the effective date of this Act. A charitable |
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raffle conducted under Chapter 2002, Occupations Code, for which a |
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residential dwelling is offered or awarded as a prize before the |
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effective date of this Act is governed by the law in effect on the |
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date the prize was offered or awarded, and the former law is |
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continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2023. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I hereby certify that S.B. No. 500 passed the Senate on |
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April 6, 2023, by the following vote: Yeas 31, Nays 0; |
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May 2, 2023, Senate refused to concur in House amendments and |
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requested appointment of Conference Committee; May 5, 2023, House |
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granted request of the Senate; May 17, 2023, Senate adopted |
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Conference Committee Report by the following vote: Yeas 31, |
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Nays 0. |
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______________________________ |
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Secretary of the Senate |
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I hereby certify that S.B. No. 500 passed the House, with |
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amendments, on April 21, 2023, by the following vote: Yeas 109, |
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Nays 30, one present not voting; May 5, 2023, House granted request |
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of the Senate for appointment of Conference Committee; |
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May 15, 2023, House adopted Conference Committee Report by the |
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following vote: Yeas 123, Nays 21, one present not voting. |
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______________________________ |
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Chief Clerk of the House |
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Approved: |
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______________________________ |
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Date |
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______________________________ |
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Governor |