This bill amends Minnesota Statutes 2024, section 349.166, subdivision 2, to modify the prize value limitations for county agricultural societies conducting lawful gambling without a license. Specifically, it allows these organizations to award up to $100,000 in prizes per calendar year, an increase from the previous limit of $50,000 applicable to other organizations. This change aims to provide greater flexibility and support for county agricultural societies in their fundraising efforts.
In addition to the prize value modification, the bill maintains existing requirements for organizations conducting lawful gambling, such as submitting an application, notifying local government units, and reporting gross receipts and expenses to the board. The bill also includes provisions regarding the sale of raffle tickets, the return of unused gambling supplies, and the maintenance of records for exempt gambling activities. Overall, the legislation seeks to enhance the operational capacity of county agricultural societies while ensuring compliance with regulatory standards.
Statutes affected: Introduction: 349.166