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NY S00165
Bill
Status
Engrossed
5/19/2015
Primary Sponsor
Ruben Diaz
Click for details
AI Summary
- Amends State Finance Law Section 92-c to restrict lottery fund use exclusively to elementary and secondary education, special education needs, and aid to school children
- Eliminates exceptions that previously allowed lottery funds for winter sports education trust fund payments (fiscal years 1977-1979) and other non-education purposes
- Permits only two exceptions to the education-only requirement: repayment of lottery operation expenses and purchase of lottery equipment and machines
- Prohibits co-mingling of lottery funds with funds designated for any other purpose
- Takes effect 30 days after enactment and applies to lottery revenues collected on or after the effective date
Legislative Description
Prohibits use of lottery funds for any purpose other than education and prohibits co-mingling with funds for other purposes.
Last Action
referred to ways and means
6/15/2016
Committee Referrals
Ways and Means6/15/2016
Rules1/6/2016
Ways and Means5/19/2015
Rules1/7/2015
Full Bill Text
No bill text available