Bill Summary for H952 (2017-2018)
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Summary date:
May 16 2018
Bill Information:
| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO INCREASE THE ALLOWABLE PERCENTAGE OF TOTAL ANNUAL LOTTERY REVENUES THAT THE LOTTERY COMMISSION MAY USE FOR ADVERTISING EXPENSES FROM ONE PERCENT TO TWO PERCENT, AS RECOMMENDED BY THE JOINT LEGISLATIVE OVERSIGHT COMMITTEE ON THE NORTH CAROLINA STATE LOTTERY.Intro. by Saine.
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Bill summary
Current law prohibits the North Carolina State Lottery Commission from using more than 1% of the total lottery revenues on advertising expenses. Amends GS 18C-162 to increase the allowable percentage of the total lottery revenues that the Commission may use for advertising costs to 2%. Effective July 1, 2018.