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Can you summarize NHCAR Pari 1209?
GAMES OF CHANCE > STATE REVENUE PAYMENTS
Short Summary
This legal document governs the state revenue payments to the State Treasurer for games of chance. It applies to charitable organizations and game operator employers acting on their behalf. According to RSA 287-D:19, charitable organizations must receive at least 35 percent of the gross revenues from any games of chance, after deducting prizes paid and rental charges. State revenue payments must be submitted to the commission by the charitable organizations or game operator employers. For games where chips have no monetary value, a payment equal to 3 percent of all funds collected from players must be made per game date. For games where chips have monetary value, a payment equal to 10 percent of the rake or house winnings and other collected moneys must be made, excluding prizes paid to players. These payments must be made once per month, no later than the 5th day of the month for the funds collected in the previous month. The payments must be made by check, with the charitable organization’s identification number and game date included on the check. Additionally, completed forms such as the ‘State Revenue Invoice for Games of Chance’ and ‘Charitable Organization Member’s Attestation’ must be submitted for each game date.
Whom does it apply to?
Charitable organizations and game operator employers acting on their behalf
What does it govern?
State revenue payments to the State Treasurer for games of chance
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
New Hampshire