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OR HB2366
Bill
Status
Failed
6/27/2025
Primary Sponsor
Bobby Levy
Click for details
AI Summary
- Transfers responsibility for video lottery revenue distributions to counties from the Oregon State Lottery Commission to the Department of Administrative Services, with the Commission determining transfer amounts
- Allocates 2.5% of net forecasted video lottery receipts to counties for economic development, with 90% distributed proportionally based on each county's gross video lottery receipts and 10% distributed equally among all counties
- Requires reconciliation during the eighth fiscal quarter of each biennium to compare forecasted revenues against actual revenues, with adjustments made in the subsequent biennium
- Counties that received less than their share based on actual revenues will receive the difference; counties that received more will have future disbursals reduced until the overpayment is recouped
- Takes effect on the 91st day after the 2025 legislative session adjourns, with the substantive amendments becoming operative on July 1, 2026
Legislative Description
Relating to lottery revenues; prescribing an effective date.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Commerce and Consumer Protection1/17/2025
Full Bill Text
No bill text available