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- Alaska Statutes.
- Title 5. Amusements and Sports
- Chapter 15. Games of Chance and Contests of Skill
- Section 160. Authorized Expenses.
previous: Section 150
. Limitation On Use of Proceeds.
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AS 05.15.160. Authorized Expenses.
- (a) The only expenses that may be incurred or paid in connection with the operation of an activity under a permit issued
under this chapter are bona fide expenses reasonably necessary for
- (1) goods, wares, and merchandise necessary for the operation of the activity;
- (2) personal services involved with the operation of the activity, including those performed by
- (A) an employee of the permittee; or
- (B) an operator hired by the permittee to conduct the activity if the compensation is not related to the receipts from the
- (b) Municipalities, qualified organizations, and operators may pay their employees a reasonable amount in wages or other
compensation for personal services rendered by their employees while the employees are engaged in activities subject to
this chapter. A reasonable amount of compensation is an amount approximating the amount ordinarily paid by similar
businesses for similar work performed under similar circumstances.
- (c) The total amount of authorized expenses that may be incurred under (a) of this section in connection with a pull-tab
activity may not exceed 70 percent of the adjusted gross income from that pull-tab activity.
- (d) The total amount of authorized expenses that may be incurred under (a) of this section in connection with any gaming
activity other than pull-tabs or Calcutta pools may not exceed 90 percent of the adjusted gross income from that gaming activity.
- (e) The total amount of expenses that may be incurred and prizes that may be awarded under (a) of this section in connection with a Calcutta pool
may not exceed 50 percent of the pool of wagers.
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