Section 13-240 - Same - Money received from gaming activity. - Maryland Statutes

§ 13-240. Same - Money received from gaming activity.
 

(a)  Scope.- This section applies to a spin or chance on a paddle wheel or wheel of fortune that is authorized under the laws of this State to operate at a campaign fund-raising event. 

(b)  In general.- Notwithstanding § 13-239 of this subtitle or any other law that prohibits an anonymous contribution, a political committee may accept money received from the sale of a spin or chance, and need not identify the individual purchaser in its account book, if: 

(1) the account book of the political committee includes: 

(i) the net amount received by the political committee at the event at which the sale was made; and 

(ii) the name and address of each individual who attended the event; 

(2) no spin or chance is sold at the event for more than $2; 

(3) the net income of the sponsoring political committee from spins and chances at the event does not exceed $1,500 in a 24-hour period; and 

(4) the total receipts of the sponsoring political committee from spins and chances in that election do not exceed $2,500. 

(c)  Proceeds in excess of limits.- If a political committee raises funds in excess of a limit specified in this section, the political committee shall: 

(1) donate the excess to a charity of its choice; or 

(2) identify in its account book the amount received from each individual who purchased a spin or chance. 

(d)  Regulations.- The State Board shall adopt regulations to implement this section. 
 

[An. Code 1957, art. 33, § 13-206(a)(3)-(5); 2002, ch. 291, § 4; ch. 303, § 2.]