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History
- Referred to rules
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Regulates the proportional distribution of revenues from the sale of lottery tickets between expenses of the lottery and state education
In Assembly Committee · Ways And Means · Sponsor James F. Brennan
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S257
Title of bill
An act to amend the state finance law, in relation to the proportional distribution of moneys realized from the state lottery
Purpose or general idea of bill
This bill would provide funds for elementary or secondary education, from the fund collected by the state lottery.
Summary of specific provisions
Section 1. Amends subdivision 4 of section 92-C of the State Finance Law. Adds a new paragraph e. Provides that any funds paid to elementary or secondary education from the funds established in this section shall be in addition to any other state funds appropriated for such purpose.
Section 2. Amends subdivision 7 of section 92-c of the state Finance Law. Reduces from 15% to 10% the amount retained by lottery sales agents as compensation.
Section 3. Amends section 92-C of the state Finance Law. Adds a new subdivision 7-a. Requires that that total amount paid from the fund in support of elementary or secondary education shall not be less that 50% of the total amount for which lottery tickets are sold during the fiscal year.
Section 4. Effective Date
Existing law
Article 6, section 92-C, establishes the State Lottery Fund.
Justification
This will increase the amount of revenue our education system has in New York State.
Prior legislative history
2012: S.307 Referred to Racing, Gaming and Wagering/A.5593 - Referred to Ways and Means 2011: S.307 Notice of Committee Consideration Requested/A.5593 - Referred to Ways and Means 2009-10: S.2215 - Referred to Rules/A.331 - Enacting Clause Stricken/A.10727 - Referred to Ways and Means 2007-08: A.1840 Referred to Ways and Means
Fiscal implications
None.
Effective date
This act shall take effect on the first of April next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.