An Act relative to exemptions for small charities for tax upon raffle proceeds

This bill amends tax law to set a $12,000 annual threshold for raffle proceeds exempt from taxation for small charities. Charities earning raffle proceeds exceeding $12,000 annually will now owe tax on the amount above that limit. The change directly affects small charities that hold raffles as a fundraising activity, altering their tax obligations based on total annual raffle revenue. It modifies the existing exemption by specifying that only proceeds under $12,000 remain tax-free. The policy change is limited to raffle-specific tax treatment and does not impact other charitable fundraising methods.