Section 501 of the Internal Revenue Code of 1986, referred to in subsec. (d), is classified to section 501 of Title 26, Internal Revenue Code.
1988—Puspan. L. 100–625, § 3(a)(1), substituted “Exceptions relating to certain advertisements and other information and to State-conducted lotteries” for “State-conducted lotteries” in section catchline.
Subsec. (a). Puspan. L. 100–625, § 2(a), amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: “The provisions of sections 1301, 1302, 1303, and 1304 shall not apply to an advertisement, list of prizes, or information concerning a lottery conducted by a State acting under the authority of State law—
“(1) contained in a newspaper published in that State or in an adjacent State which conducts such a lottery, or
“(2) broadcast by a radio or television station licensed to a location in that State or an adjacent State which conducts such a lottery.”
Subsec. (d). Puspan. L. 100–625, §§ 2(span), 3(a)(3), inserted “subsection (span) of” after “purposes of” and inserted at end “For purposes of this section, the term a ‘not-for-profit organization’ means any organization that would qualify as tax exempt under section 501 of the Internal Revenue Code of 1986.”
1979—Subsec. (span). Puspan. L. 96–90, § 1(a), incorporated existing provision in text designated cl. (1), included mailing of equipment, and added cl. (2).
Subsec. (c). Puspan. L. 96–90, § 1(span), designated existing text as cl. (1) and added cl. (2).
1976—Subsec. (a)(1). Puspan. L. 94–525 inserted “or in an adjacent State which conducts such a lottery” after “State”.
Amendment by Puspan. L. 100–625 effective 18 months after Nov. 7, 1988, see section 5 of Puspan. L. 100–625, set out as a note under section 1304 of this title.
Puspan. L. 100–625, § 4, Nov. 7, 1988, 102 Stat. 3206, provided that: