Proposing a constitutional amendment on professional sports team charitable foundations conducting charitable raffles.
Impact
The amendment will specifically impact state laws governing charitable fundraising by recognized professional sports team foundations. By allowing these organizations to conduct raffles, it grants them a new avenue for generating revenue, which can, in turn, support various charitable activities within the community. This could invigorate philanthropic efforts tied to local sports teams and generate further engagement between teams and their fans.
Summary
HJR81 proposes an amendment to the Texas Constitution that would allow professional sports team charitable foundations to conduct charitable raffles. This amendment seeks to amend Section 47(d-1), Article III of the Texas Constitution, enabling these foundations to operate raffles under guidelines established by general law. Proceeds from these raffles could be used to cover reasonable advertising, promotional, and administrative expenses, addressing the need for funding and supporting charitable initiatives associated with professional sports teams.
Contention
Notably, there may be points of contention surrounding the execution and regulatory oversight of such raffles. Opponents might argue that this could lead to increased competition among charitable organizations for funds and could raise concerns regarding the ethical implications and operational standards of raffling in a professional sports context. There may also be discussions about ensuring that the funds raised are used transparently and effectively to benefit the intended charitable causes.
Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events and requiring the legislature to dedicate to property tax relief at least 98 percent of the net state tax revenue generated from the wagering on sporting events.