Bill Summary for H 339 (2013-2014)

Printer-friendly: Click to view

Summary date: 

Mar 19 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 339 (Public) Filed Tuesday, March 19, 2013
A BILL TO BE ENTITLED AN ACT TO PROVIDE FOR A LIMITATION ON LOTTERY EXPENDITURES.
Intro. by Stevens, McElraft.

View: All Summaries for BillTracking:

Bill summary

Amends GS 18C-162 to add to the guidelines followed in allocating revenues to the North Carolina State Lottery Fund, to require that at least 4% be used for books, information technology, and school supplies to be distributed to local education agencies and charter schools on an average daily membership basis. Makes a conforming 4% reduction in the total annual revenues that are to be allocated for payment of lottery expenses and reduces the amount that may be spent on advertising to 0.5% of the total annual revenues. Also amends the allocation of unclaimed prize money to require that 50% be distributed for books, information technology, and school supplies for distribution to local education agencies and charter schools (was, 50% be used to enhance prizes). Effective July 1, 2013.