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1999 SESSION

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SB 1225 Distribution of lottery proceeds.

Introduced by: John H. Chichester | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Distribution of lottery proceeds. Requires that all lottery revenues transferred to the general fund, which are required to be appropriated for the purpose of public education to localities, shall be apportioned and distributed on a pro rata basis according to each school division's average daily membership and the locality's composite index of ability to pay. The amount of each school division's distribution shall be matched by funds of the school division based on the locality's composite index of ability to pay. Localities are required to inform the Superintendent of Public Instruction how they intend to use their share of the revenue for public education purposes and to certify that the funds shall be used for such purpose. An enactment clause provides that a portion of the lottery proceeds will be distributed to localities to hold them harmless from any reductions from this formula compared to the formula set forth in the budget bills as introduced.


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