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OK SB572

Bill

Status

Introduced

2/2/2015

Primary Sponsor

Ralph Shortey

Click for details

Origin

Senate

2015 Regular Session

AI Summary

Senate Bill 572 Summary

  • Authorizes Oklahoma Lottery Commission to develop and administer a pilot program for charitable lottery tickets featuring three health care organizations, with up to 2.5 million tickets sold over twelve months.

  • Exempts charitable lottery ticket program expenditures from the net proceeds requirement, allowing costs to be paid from operating expenses rather than reducing education funding allocations.

  • Requires charitable organizations to be tax-exempt 501(c)(3) entities with physical presence in Oklahoma providing ongoing health care services, and mandates Board establish selection procedures by rule.

  • Provides each selected charitable organization with one-third (1/3) of total revenue generated from charitable ticket sales, paid from Commission operating expenses.

  • Authorizes Board to make charitable lottery ticket program permanent at end of pilot period, effective July 1, 2015.

Legislative Description

Amusements and sports; authorizing Oklahoma Lottery Commission to develop and administer certain pilot program; establishing criteria. Effective date.. Emergency.

Last Action

Second Reading referred to Finance

2/3/2015

Committee Referrals

Finance2/3/2015

Full Bill Text

No bill text available