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509(a)(1), (2) or (3) of the Internal Revenue Code and is either a <br />governmental unit or an organization that is tax exempt under subsection <br />501(x) and described in subsection 501(c)(3) of the Internal Revenue <br />Code, and provided that the scheme of chance is not conducted during, <br />or within ten hours of, a bingo game conducted for amusement purposes <br />only pursuant to Section 517.09; <br />(2) Games of chance; if all of the following apply: <br />A. The games of chance are not craps for money, roulette for <br />money or slot machines; <br />B. The games of chance are conducted by a charitable organization <br />that is, and has received from the Internal Revenue Service a <br />determination letter that is currently in effect, stating that the <br />organization is, exempt from Federal income taxation under <br />subsection 501(a) and described in subsection 501(c)(3) of the <br />Internal Revenue Code; <br />C. The games of chance are conducted at festivals of the <br />organization that are conducted either for a period of four <br />consecutive days or less and not more than twice a year or for a <br />period of five consecutive days not more than once a year, and <br />are conducted on premises owned by the charitable organization <br />for a period of no less than one year immediately preceding the <br />conducting of the games of chance, on premises leased from a <br />governmental unit, or on premises that are leased from a <br />veteran's or fraternal organization and that have been owned by <br />the lessor veteran's or fraternal organization for a period of no <br />less than one year immediately preceding the conducting of the <br />games of chance; <br />A charitable organization shall not lease premises from a <br />veteran's or fraternal organization to conduct a festival <br />described in subsection (d)(2)C. hereof if the veteran's or <br />fraternal organization has already leased the premises four times <br />during the preceding year to charitable orgamzations for that <br />purpose. If a charitable organization leases premises from a <br />veteran's or fraternal orgatzation to conduct a festival <br />described in subsection (d)(2)C. hereof, the charitable <br />organization shall not pay a rental rate for the premises per day <br />of the festival that exceeds the rental rate per bingo session that <br />a charitable organization may pay under Section 517.06(a)(3) <br />when it leases premises from another charitable organization to <br />conduct bingo games. <br />D. All of the money or assets received from the games of chance <br />after deduction only of prizes paid out during the conduct of the <br />games of chance are used by, or given, donated or otherwise <br />transferred to, any organization that is described in subsection <br />509(a)(1), (2) or (3) of the Internal Revenue Code and is either <br />a governmental unit or an organization that is tax exempt under <br />subsection 501(a) and described in subsection 501(c)(3) of the <br />Internal Revenue Code; <br />E. The games of chance are not conducted during, or within ten <br />hours of, a bingo game conducted for amusement purposes only <br />pursuant to Section 517.09. <br />~~ No person shall receive any commission, wage, salary, reward, <br />tip, donations, gratuity or other form of compensation, directly <br />or indirectly, for operating or assisting in the operation of any <br />scheme or game of chance. <br />1998 Replacement <br />