STATEHOUSE – State Representative Tom Dermody (R-LaPorte) sponsored a bill to help Indiana charity gaming organizations better compete with those in other states. Senate Bill (SB) 327 passed out of the Indiana House of Representatives by a vote of 83-12.
SB 327 provides that the prize for a progressive bingo game may not exceed $2,000. It also doubles the maximum total prize for one pull tab, punchboard or tip board from $5,000 to $10,000.
“Charities, such as the American Legion, are just one of the over 2,500 licensed charity gaming organizations in Indiana,” said Rep. Dermody. “By increasing the maximum allowable prize, we hope to see increased participation and in turn, increased revenue earned by these organizations which contribute so much to our local communities.”
SB 327 also reduces the amount of time that an organization, which holds an annual comprehensive charity gaming license, must be in existence in order to conduct a raffle or door prize event from three years to one year.
For more information on SB 327, please visit iga.in.gov.