Loading chat...
NY A11050
Bill
Status
Introduced
10/7/2020
Primary Sponsor
Angelo Santabarbara
Click for details
AI Summary
- Enacts the "Emergency School Relief Act of 2020" to amend the tax law regarding lottery revenue allocation
- Reduces the state lottery fund payout percentage for joint, multi-jurisdiction, and out-of-state lottery tickets from 55% to 40%
- Reduces the state lottery fund payout percentage for Daily Numbers Game, Win 4, Pick 10, and Take 5 games from 50% to 35%
- Increases the percentage of ticket sales from Daily Numbers Game and related games directed to state treasury from 45% to 60%
- Increases the percentage of ticket sales from joint, multi-jurisdiction, and out-of-state lottery directed to state treasury from 35% to 50%
Legislative Description
Enacts the "emergency school relief act of 2020"; makes changes in the percentages for disposition of revenue from lottery prize account to increase the percentage, by thirty percent, directed to state aid for education funding.
Last Action
referred to ways and means
10/7/2020
Committee Referrals
Ways and Means10/7/2020
Full Bill Text
No bill text available