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2002 SESSION

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SB 286 Lottery Proceeds Fund; created.

Introduced by: Charles R. Hawkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

State Lottery Fund. Permits the State Lottery Board to expend funds to inform the public that net proceeds from the Lottery are used entirely and solely for the purpose of public education and creates the Lottery Proceeds Fund as a special nonreverting fund to which the Comptroller deposits the audited balances of the State Lottery Fund, less a special reserve fund, to be used for public education. The bill also deletes an obsolete provision.


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