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History
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
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Sponsor's memo
Title of bill
An act to amend the tax law, in relation to the disposition of revenue from the lottery prize account
Summary of provisions
This bill decreases, by five percent, the amount of money allocated for lottery prizes; the bill increases, by five percent, the amount of money allocated to education. These changes apply to the "Daily Numbers Game," "Win 4," "Pick 10," "Take 5" and "Lotto" games.
Justification
State aid to education funding has been severely restricted over the past few years. A minor change in the disposition of revenue from the lottery prize account will increase state aid to struggling schools, without a negative impact on the lottery system.
Prior legislative history
2013-14: S.2870 REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Effective date
This act shall take effect on the first of October 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.