109:1-4-10 Distribution of net profit from the proceeds of the sale of instant bingo; veteran's, fraternal, or sporting organization.

(A) The provisions of division (A)(1) of section 2915.101 of the Revised Code shall be applicable to the net profit from the proceeds of the sale of instant bingo generated by a veteran's organization, a fraternal organization, or a sporting organization on or after November 1, 2009.

(B) For purposes of division (A)(1) of section 2915.101 of the Revised Code, the term "calendar year" shall mean the twelve month period extending from November first through the following October thirty-first, otherwise known as the bingo reporting year.

Effective: 12/27/2010
R.C. 119.032 review dates: 10/12/2010 and 12/27/2015
Promulgated Under: 119.03
Statutory Authority: 2915.08(B)(1)
Rule Amplifies: 2915.101
Prior Effective Dates: 09/30/2004, 10/30/2008