Gaming matters.

Provides that net proceeds from an allowable activity and related activities may be used only for the lawful purposes of the qualified organization, including the: (1) repair; (2) maintenance; or (3) improvement; of owned real property used for the lawful purposes of the qualified organization. Increases the single prize limit for a progressive or carryover pull tab game in charity gaming to $15,000. Also increases the total prize limit for one pull tab, punchboard, or tip board game in charity gaming to $15,000. Provides that a qualified organization must abide by the rules and regulations of the Internal Revenue Service regarding reporting and withholding rules for charitable prizes paid. Provides that for a raffle drawing, a retailer may not retain more than 20% of the proceeds, a retailer must establish and publish house rules, and the maximum amount of prizes in a raffle game is limited to $30,000. Provides that the total prizes for one type II gambling game, except for a raffle game, may not exceed $10,000. Provides that a single prize award for a winning ticket on a seal card game may not exceed $1,000. Provides that a single prize on a progressive or carryover pull tab game in a type II gambling game may not exceed $5,000. Provides that a type II gambling game includes raffles, progressive or carryover pull tab games, and sports-themed tip board and pull tab games. Specifies the end date for a licensed entity's accounting period. Replaces "annual casino night license" with "annual activity license". Specifies that the Indiana gaming commission (commission) may issue to a qualified organization an annual activity license to conduct a gambling activity approved by the commission, if certain requirements are met. Modifies restrictions applicable to a festival license. Modifies the restrictions applicable to a worker at a raffle conducted by a qualified organization. Removes a provision that allows the commission to authorize two bingo events each year at which the total prizes may not exceed $10,000. Provides that the commission may authorize a qualified organization to conduct a bingo event at which the total prizes exceed $6,000, and specifies that such a bingo event may be conducted at a festival. Provides that a person less than 18 years of age may sell tickets or chances for a raffle. Modifies a provision relating to the license fee for a three year charity gaming license issued to a qualified organization that is a bona fide veterans organization. Makes technical corrections and conforming amendments.