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OK SB572
Bill
Status
2/2/2015
Primary Sponsor
Ralph Shortey
Click for details
AI Summary
Senate Bill 572 Summary
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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.
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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.
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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.
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Provides each selected charitable organization with one-third (1/3) of total revenue generated from charitable ticket sales, paid from Commission operating expenses.
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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