1.1 	A bill for an act
1.2 	relating to gambling; allowing postsecondary institutions to conduct raffles under 
1.3 	certain conditions;amending Minnesota Statutes 2006, section 609.761, by 
1.4 	adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2006, section 609.761, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 6.Postsecondary institutions; raffles. Sections 609.755 and 609.76 do not 
1.9 	prohibit a raffle as defined in section 349.12, subdivision 33, conducted by a postsecondary 
1.10 	institution or a nonprofit organization organized primarily to support programs of a 
1.11 	postsecondary institution, if the following conditions are complied with:
1.12 	(1) tickets for the raffle may only be sold and the drawing conducted at an event 
1.13 	sponsored by the postsecondary institution;
1.14 	(2) all tickets must be sold for the same price; 
1.15 	(3) tickets may only be sold to persons 18 years of age or older attending the event; 
1.16 	(4) the drawing must be held during or immediately after the conclusion of the event; 
1.17 	(5) one-half of the gross receipts from the sale of the tickets must be awarded as 
1.18 	prizes for the raffle and the other one-half may only be used to fund scholarships for 
1.19 	persons attending the institution; and 
1.20 	(6) if the institution or nonprofit organization's gross receipts from the conduct of 
1.21 	raffles exceeds $50,000 in a calendar year or $15,000 in a single raffle, the institution 
1.22 	or organization must report the following information to the Gambling Control Board 
1.23 	annually: the total amount of gross receipts received, the total expenses for the raffles, 
2.1 	the total prizes awarded, and an accounting of the expenditures from the gross receipts 
2.2 	of the raffles.