SACRAMENTO — Gov. Gavin Newsom has signed a bill from Sen. Bill Dodd, D-Napa, that allows the continuation of an important fundraising tool for nonprofits — 50-50 raffles at major league sports stadiums.

“Over the years, these raffles have raised millions for a diverse group of charitable organizations throughout the state,” Sen. Dodd said. “They provide an important funding tool for a host of organizations benefiting youth and the underserved. With the governor’s signature on this new law, we can ensure that continues.”

In California, a key fundraiser for nonprofits has been the 50-50 raffle, in which 50% of the proceeds go to a winner and 50% go back to the hosting organization. Since the creation of 50-50 raffles, the San Francisco Giants Community Fund, for example, has been able to serve over 150,000 youths with 30,000 kids benefiting annually.

However, the law allowing these raffles is about to expire.

Senate Bill 650 removes the Jan. 1, 2024 sunset so professional sports teams and sports organizations can continue to provide millions of dollars in charitable funding to worthy philanthropic organizations.

SB 650 is supported by numerous organizations, including professional sports teams such as the San Francisco Giants and Golden State Warriors. It received overwhelming support in the Legislature before it was signed by the governor on Saturday.

“The 50 50 raffle has allowed us to expand the reach of our program,” Amy Tovar, general counsel for the Giants, testified at a recent Senate committee hearing. “This has been a complete game-changer for the Giants community.”

Dodd represents the 3rd Senate District, which includes all or portions of Napa, Solano, Yolo, Sonoma, Contra Costa, and Sacramento counties. You can learn more about the district and Senator Dodd at www.sen.ca.gov/dodd.