Loading chat...
ID S1041
Bill
AI Summary
-
Repeals Section 67-7430, Idaho Code, which established a temporary line of credit for lottery start-up costs.
-
Removes references to the temporary line of credit from cash receipts provisions (Section 67-7431) and cash disbursement provisions (Section 67-7432).
-
Removes provisions from Section 67-7433 that treated unclaimed low-tier claims paid by lottery game retailers as prize expenses benefiting the selling retailer.
-
Eliminates the requirement in Section 67-7436 that an independent certified public accountant witness all state lottery drawings.
Legislative Description
Repeals and adds to existing law relating to the Idaho State Lottery to repeal a code section relating to a temporary line of credit for start-up costs; to remove provisions relating to low-tier claims; and to remove the requirement that all drawings of the State Lottery be witnessed by an independent certified public accountant.
STATE LOTTERY
Last Action
Governor signed Session Law Chapter 141 Effective: 07/01/11
3/29/2011