SECTION 1. Section 7A of chapter 271 of the General Laws is hereby amended by striking out the eighth paragraph and inserting in place thereof the following new paragraph:-
Any organization conducting or operating a raffle or bazaar under this section shall file a return with the state lottery commission, on a form prepared by it, and shall pay therewith a tax of five per cent of the gross proceeds derived from such raffle or bazaar, within:
(a) thirty days after the raffle or bazaar is held if such organization: (i) has no more than three full-time employees during such thirty-day period, or (ii) has realized no more than $10,000 of gross proceeds from raffles or bazaars during such organization’s current fiscal year to date and no more than $10,000 of gross proceeds from raffles or bazaars during such organization’s immediately preceding fiscal year; and
(b) ten days after the raffle or bazaar is held for all other organizations.
SECTION 2. This Act shall take effect as of July 1, 2021.
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