Ind. Code § 4-32.3-5-4

Current through P.L. 171-2024
Section 4-32.3-5-4 - Donation of gross charity gaming receipts
(a) A qualified organization that receives at least ninety percent (90%) of the organization's total gross receipts from any activity under this article must donate sixty percent (60%) of its gross charitable gaming receipts less prize payout to a qualified recipient that is not an affiliate, a parent, or a subsidiary organization of the qualified organization.
(b) For purposes of this section, a veterans' home or hospital is not considered to be an affiliate, a parent, or a subsidiary organization of a qualified organization that is a bona fide veterans organization.

IC 4-32.3-5-4

Added by P.L. 58-2019,SEC. 4, eff. 7/1/2019.