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CA AB1599
Bill
Status
2/1/2018
Primary Sponsor
Raul Bocanegra
Click for details
AI Summary
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Reduces the deadline for California State Lottery Commission quarterly financial reports from 75 days to 65 days after the close of each quarter.
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Quarterly reports must continue to include lottery revenues, prize disbursements, expenses, net revenues, financial transactions, statements of assets, and changes in financial position sent to the Governor, Attorney General, Controller, Treasurer, and Legislature.
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Requires a two-thirds vote of each legislative house and the Governor's signature to pass, as mandated by the California State Lottery Act of 1984.
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Declares the bill furthers the purposes of the California State Lottery Act of 1984.
Legislative Description
California State Lottery: financial reporting.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2018