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1990_0220_packet
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1990_0220_packet
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LAWFUL GAMBLING <br />The required rinancial audlit should at a minimum contain a <br />co ncl H I ati I n "o oif the gambling bank acco unts and the profit <br />re <br />carryforward. <br />40 am <br />9 The Department of Revenue should review the tax forms to identily <br />9 81 - - <br />existing di , screpandes. <br />ffrofit, carryforward discrepancies,, both positive and negative, will be a promis, <br />ing means of targeting origanizations that', need a state audit. <br />Ul= IM, <br />9 <br />17n our view, the definition, of lawful purpose will likely remain a problem., As <br />Iiiqpiqp�qqipiq 111��111 <br />I 1 [1111 � <br />ro ri qOTMff r M, =-13=-i I <br />EM <br />of lawful <br />funds should be subject to some limits. In general,, the, guiding philosophy has <br />purpose should <br />been, to, ensure that the funds, went exclusively, for charitable or community <br />'Individuals 0 <br />be specifled in <br />purposes and, not to benefit of the organizations conducting gam- <br />bling . Ifthe current definition of lawful purpose is kept, we believe that it <br />rul and <br />e <br />should be more clearly specifiedin rule and i�n admi*n1strative, policies. Certain <br />in <br />admini , stratieve <br />types, of expenditures should be allowed and others, not allowed. We believe <br />Policies. <br />that the Legislature should resist the temptation to s,pIec,ify every a,llolwabil,e <br />I pluriplosie in statute. <br />Another possibility the Legislature could consider 'is to n arrow the lawful pur <br />poise definon to more clearly defined purposes, such as education,, Youth <br />sports, government services,, or others. There are many, worthwhile purposes <br />that need funding and, charitable or lawful gambling cainnot fund all of them. I <br />
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