HOUSE BILL 154

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Martin R. Zamora

 

 

 

 

 

AN ACT

RELATING TO RAFFLES; EXEMPTING FROM THE NEW MEXICO BINGO AND RAFFLE ACT RAFFLES FOR FUNDRAISING PURPOSES HELD BY TAX-EXEMPT SERVICE, EDUCATIONAL, ATHLETIC OR EXTRACURRICULAR ORGANIZATIONS THAT PRIMARILY SERVE YOUTH WHO ARE EIGHTEEN YEARS OF AGE AND YOUNGER.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. Section 60-2F-26 NMSA 1978 (being Laws 2009, Chapter 81, Section 26) is amended to read:

     "60-2F-26. EXEMPTIONS.--

          A. Except as provided in Subsection B of this section, nothing in the New Mexico Bingo and Raffle Act shall be construed to apply to:

                (1) a drawing or a prize at a fair or fiesta held in New Mexico under the sponsorship or authority of the state or any of its political subdivisions, or for the benefit of a religious organization situated in this state or for charitable purposes when all the proceeds of the sale or drawing shall be expended within New Mexico for the benefit of that political subdivision, religious organization or charitable purpose; or

                (2) a bingo or a raffle held by a qualified organization that holds no more than one bingo occasion or one raffle in any three consecutive calendar months and not exceeding four occasions in one calendar year.

          B. Notwithstanding the provisions of Subsection A of this section, no raffle with an individual prize exceeding seventy-five thousand dollars ($75,000) shall be held without a ten-day prior notification to the board of the conduct of the event and a subsequent notification to the board of the names, addresses and phone numbers of all prize winners.

          C. Nothing in the New Mexico Bingo and Raffle Act with regard to raffles shall be construed to apply to a raffle held for fundraising purposes by a service, educational, athletic or other extracurricular organization that:

                (1) is exempt from taxation pursuant to Subsection B of Section 7-2-4 NMSA 1978 or Subsection C of Section 7-2A-4 NMSA 1978; and 

                (2) primarily serves youth who are eighteen years of age and younger.

          [C.] D. Nothing in the New Mexico Bingo and Raffle Act shall be construed to apply to a lottery established and operated pursuant to the New Mexico Lottery Act or gaming that is licensed and operated pursuant to the Gaming Control Act."

     SECTION 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2025.

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