NY Gen Mun L § 195-F (2021)
2021 New York Laws GMU - General Municipal Article 9-A - Local Option for Conduct of Games of Chance by Certain Organizations 195-F - Statement of Receipts, Expenses; Additional License Fees.

§  195-f. Statement of receipts, expenses; additional license fees. 1.   Within seven days after the conclusion of any license period other  than   a  license period for a raffle, or as otherwise prescribed by the board,   the authorized organization which conducted the same,  and  its  members   who  were in charge thereof, and when applicable the authorized games of   chance lessor which rented its premises therefor, shall each furnish  to   the  clerk  or department a statement subscribed by the member in charge   and affirmed by him as true, under the penalties of perjury, showing the   amount of the gross receipts derived therefrom and each item of  expense   incurred, or paid, and each item of expenditure made or to be made other   than  prizes, the name and address of each person to whom each such item   of expense has been paid, or is to be paid, with a detailed  description   of  the merchandise purchased or the services rendered therefor, the net   proceeds derived from the conduct of games of chance during such license   period, and the use to which such  proceeds  have  been  or  are  to  be   applied  and  it shall be the duty of each licensee to maintain and keep   such  books  and  records  as  may  be  necessary  to  substantiate  the   particulars of each such statement.2. Within thirty days after the conclusion of an occasion during which   a  raffle  was  conducted,  the  authorized organization conducting such   raffle and the members in charge of such raffle, and,  when  applicable,   the authorized games of chance lessor that rented its premises therefor,   shall  each  furnish  to  the  clerk or department a statement on a form   prescribed by the gaming commission, subscribed by the member in  charge   and  affirmed  by  him  or  her as true, under the penalties of perjury,   showing the number of tickets printed, the number of tickets  sold,  the   price,  and  the  number  of  tickets  returned  to  or  retained by the   authorized organization as unsold, a description and  statement  of  the   fair  market  value  for  each prize actually awarded, the amount of the   gross receipts derived therefrom, each item of expenditure made or to be   made other than prizes, the name and address of each person to whom each   such item of expense has been  paid,  or  is  to  be  paid,  a  detailed   description  of  the  merchandise  purchased  or  the  services rendered   therefor, the net proceeds derived from the raffle at such occasion, the   use to which the proceeds have been or are to be applied.  It  shall  be   the duty of each licensee to maintain and keep such books and records as   may be necessary to substantiate the particulars of each such statement,   provided,  however,  where  the  cumulative  net proceeds or net profits   derived from the conduct of a raffle or raffles  are  less  than  thirty   thousand  dollars  during  any one occasion, in such case, the reporting   requirement shall be satisfied by the filing within thirty days  of  the   conclusion  of  such  occasion  a  verified  statement prescribed by the   gaming commission attesting to the amount of such net  proceeds  or  net   profits  and the distribution thereof for lawful purposes with the clerk   or department and a  copy  with  the  gaming  commission,  and  provided   further,  however,  where  the  cumulative net proceeds derived from the   conduct of a raffle or raffles  are  less  than  five  thousand  dollars   during any one occasion and less than thirty thousand dollars during one   calendar year, no reporting shall be required.3.  Any authorized organization required to file an annual report with   the secretary of state pursuant to article seven-A of the executive  law   or the attorney general pursuant to article eight of the estates, powers   and  trusts  law  shall  include  with  such annual report a copy of the   statement required to be filed with the clerk or department pursuant  to   subdivision one or two of this section.4.  Upon  the  filing  of  such  statement  of  receipts  pursuant  to   subdivision one or two of  this  section,  the  authorized  organization   furnishing  the  same shall pay to the clerk or department as and for an    additional license fee a sum based upon the reported  net  proceeds,  if   any, for the license period, or in the case of raffles, for the occasion   covered  by  such  statement  and  determined  in  accordance  with such   schedule  as  shall  be  established  from  time to time by the board to   defray the actual cost to municipalities or  counties  of  administering   the  provisions  of  this article, but such additional license fee shall   not exceed five percent of the net proceeds for such license period. The   provisions of this subdivision shall not apply to the net proceeds  from   the  sale  of  bell  jar tickets. No fee shall be required where the net   proceeds or net profits derived from the conduct of a raffle or  raffles   are less than thirty thousand dollars during any one occasion.