Agenda - Council - 09/14/1999 - Laserfiche WebLink

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'1 I I I I I LEAGUE OF MN CITIES conducted, the prizes to be awarded, and receives an exemption identification number; (4) the organization notifies the local government unit 30 days before the lawful gambling occasion, or 60 days for an occasion held in a city of the first class; (5) the organization purchases all ga~bling equipment and supplies from a licensed distributor; and (6) the organization reports to the board, on a single-page form prescribed by the board, within 30 days of each gambling occasion, the gross receipts, prizes, expenses, e>~enditures of net profits from the occasion, and the identification of the licensed distributor from whom all gambling equipment was purchased. (b) If the organization fails to file a timely report as required by paragraph (a), clause (3) or (6), the board shall not issue any authorization, license, or permit to the organization to conduct lawful gambling on an exempt, excluded, or licensed basis until the report has been filed. (c) Merchandise prizas must be valued at their fair market value. (d) Unused pull-tab and tipboard deals must be returned to the distributor within sere6 working days after the end of the lawful gambling occasion. The distributor must accept and pay a refund for all returns of onopened and undamaged deals returned under this paragraph. (e) An organization that is exempt from taxation on purchases of pull-tabs and tipboards under section 297E.02, subdivision 4, paragraph (b), clause (~), must resurn to the distributor any tipboard or pull-tab deal no part of which is used at the lawful gambling occasion for which it was purchased by the organization. (f) The organization must maintain all recruited records of exempt gambling activity for 3-1/2 years. Subd. 3. Raffles; certain organizations. Sections 349.168, subdivision 4; and 349.211, subdivision 3, and the membership requirements of section 349.16, subdivision 2, paragraph (c), do not apply to raffles conducted by an organization that directly or under contract to %he state or a political subdivision delivers health or social services and that is a 501(c) (3) organization if the prizes awarded in the raffles are real or personal property donated by an individual, firm, or other organization. The person who accounts for the qross receipts, e~penses, and profits of the raffles may be the same person who accounts for other funds of the organization. Subd. 4. Repealed, 1994 c 633 art 2 s 21 HIST: 1989 c 334 art 2 s 51; 1990 c 590 art 1 s 24; 1991 c 199 art 2 s 1; 1994 c 633 art 2 s 19; art 5 s 57-59; 1996 c 467 s 4,5 Copyright 1998 by the Office of Revisor of Statutes, State of Minnesota. P. 03/0:3 TOTAL P. 03