SW Riverside News

Senator Kelly Seyarto (R-Murrieta) announced the signing of SB 1044 into law, a bill designed to support charitable organizations by increasing the monthly limit on bingo overhead costs to $3,000. The new law also includes provisions for annual adjustments based on the California Consumer Price Index (CPI).

Charitable bingo games are a key fundraising mechanism for many community organizations. Previously, overhead costs were capped at either 20% of prize money or $2,000 per month, whichever was lower. This cap had been in place since 2013 and did not account for rising expenses over time. SB 1044 aims to help nonprofits and other community organizations maintain financial stability amid evolving economic conditions.

“This legislation will provide long overdue support to our charitable organizations,” said Senator Seyarto. “SB 1044 addresses one of the financial challenges they face, ultimately ensuring they can cover essential expenses and continue supporting our communities.”

Bridgette Moore, Mayor of Wildomar and an active participant in several nonprofits, suggested this legislative proposal to Senator Seyarto last year. She commented: “The ability of philanthropic organizations to serve their communities through bingo game programs has been threatened due to increased overhead costs. SB 1044 turns that around. I want to express my gratitude to Senator Seyarto for championing this crucial and impactful legislation.”

The bill received bipartisan support with no opposition.