Authorizes public institutions of higher education, when licensed, to conduct raffles. (8/1/18)
The bill modifies state regulations to include public institutions of higher education explicitly as entities that can hold raffles without needing to comply with certain federal income tax exemption requirements. By allowing these institutions to operate raffles, SB559 is anticipated to provide an additional avenue for financial support, thereby potentially benefiting educational programs and community-related initiatives within these institutions.
Senate Bill 559 aims to amend existing laws regarding the operation of charitable raffles, bingo, and keno in Louisiana. Specifically, the bill authorizes public institutions of higher education to conduct raffles, provided they obtain a license. This provision expands the scope of organizations permitted to engage in these gaming activities, allowing institutions to raise funds for educational support through games of chance, thus diversifying their funding sources.
The sentiment surrounding SB559 appears to be generally positive among supporters who advocate for expanding funding opportunities for higher education institutions. Proponents argue that the ability to conduct raffles could enhance community engagement and support educational initiatives. However, there may be some contention regarding the appropriateness of educational institutions participating in gaming activities, reflecting concerns about the potential implications on student environments and institutional reputations.
Some points of contention surrounding the bill include debates about the ethical implications of educational institutions engaging in gambling activities. Critics might express concerns about how this could affect the mission and values of these institutions, potentially prioritizing revenue generation over educational integrity. Balancing the benefits of additional funding against the moral considerations of gambling in an educational context could provoke discussion amongst lawmakers and the public.