HARRISBURG – The deadline for non-profit organizations and charities to submit annual and semi-annual reports as part of the updated Small Games of Chance Act is being extended for a year, according to State Reps. Matt Gabler (R-Clearfield/Elk) and Tommy Sankey (R-Clearfield).
The Corbett administration is extending the deadline from Feb. 1, 2013, to Feb. 1, 2014, for licensees to submit the reports to the Pennsylvania Department of Revenue as required by Act 2 of 2012.
Under the law, eligible organizations with proceeds in excess of $2,500 in a year will be required to file the reports electronically in 2014 for the preceding calendar year. Some of the required information includes the number of W-2G forms issued, the total gross winnings reported on W-2G forms, total prizes paid, and the amount of proceeds used for public interest purposes.
The Small Games of Chance law was updated last session to give nonprofit organizations the ability to increase prize limits for their small games of chance. The delay in the reporting deadline applies only to the annual and semi-annual reports. Licensees are required to continue to maintain other records as outlined in the law.
More information regarding reporting requirements can be found at www.RepGabler.com or www.RepSankey.com.
Questions may be directed to Gabler’s Dubois office at 814-375-4688, his St. Marys office at 814-781-6301, Sankey’s office at 1-866-901-2482, or the Department of Revenue at 717-787-8275.