LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6478 NOTE PREPARED: Dec 6, 2024
BILL NUMBER: SB 108 BILL AMENDED:
SUBJECT: Use of Proceeds from Charity Gaming.
FIRST AUTHOR: Sen. Alting BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: No Fiscal Impact
DEDICATED
FEDERAL
Summary of Legislation: The bill provides that a qualified organization may use the net proceeds from an
allowable activity for any lawful purpose.
Effective Date: July 1, 2025.
Explanation of State Expenditures: Current law allows a qualified charitable organization to use the net
proceed for the lawful purposes of the qualified organization. Indiana Administrative Code 68 IAC 21-8-13
defines a qualified organization’s "lawful purposes" as one or more of the authorized purposes stated in a
qualified organization's written bylaws, constitution, charter, or articles of incorporation and is on file with
the commission, or any of the purposes set forth in the 501(c) Section of the Internal Revenue Code under
which the qualified organization is tax exempt. Effective July 1, 2025, the bill removes this section of the
Indiana Administrative Code and allows a qualified organization to use the net proceed for any lawful
purpose. These changes are estimated to have no fiscal impact.
Explanation of State Revenues:
Explanation of Local Expenditures:
Explanation of Local Revenues:
State Agencies Affected: Indiana Gaming Commission.
Local Agencies Affected:
Information Sources:
Fiscal Analyst: Randhir Jha, 317-232-9556.
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