Tex. Occ. Code § 2004.006

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2004.006 - Use of Raffle Proceeds

All proceeds from the sale of raffle tickets less the amounts deducted for reasonable operating expenses and cash prizes must be used for the charitable purposes of the professional sports team charitable foundation.

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 47,Sec. 1, eff. 1/1/2016if the constitutional amendment proposed by the 84th Legislature, Regular Session, 2015, authorizing the legislature to permit professional sports team charitable foundations to conduct charitable raffles is approved by the voters.