News

Governor Signs Nonprofit Raffle Bill into Law

Your recommendations and the Center's advocacy resulted in another victory for N.C. nonprofits! Earlier this month, Governor Bev Perdue signed a bill (H.B. 85; CLICK HERE TO VIEW)  that allows N.C. nonprofits to more effectively use raffles as fundraising events. The Center recommended this legislation based on input from our Members.

The bill does three things:

• It increases the limits on most nonprofit raffle prizes from $50,000 to $125,000.
• It allows nonprofits to raffle houses with a value of up to $500,000.
• It allows statewide nonprofits with local affiliates to conduct up to two raffles per year on behalf of each affiliate.

This new law is effective immediately.