Amends GS 18C-103, the definitions section for statutes governing the NC State Lottery, correcting a citation for video gaming machines in the definition for "game" or "lottery game." Also adds language that provides that NC State Lottery Commission is not authorized to allow video lottery terminals as an approved game or lottery game.
Amends GS 18C-162 concerning the allocation of revenues to the NC State Lottery Fund (Fund), providing that advertising costs of the Fund cannot exceed 2% of total annual revenues as specified (previously, advertising costs could not exceed 1%). Further amends the statute to provide that all unclaimed prize money is to be directed to the Education Lottery Fund as specified (previously, 50% of the unclaimed amounts were directed to enhance prizes).
Amends 18C-163(b) concerning defined expenses of the lottery, adding language that provides that advertising costs will count towards the expenses of the lottery.
Effective July 1, 2016
LOTTERY - JLOC RECOMMENDATIONS.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO MAKE CHANGES TO THE NORTH CAROLINA STATE LOTTERY, AS RECOMMENDED BY THE JOINT LEGISLATIVE OVERSIGHT COMMITTEE ON THE STATE LOTTERY.Intro. by Tillman.
Status: Ref To Com On Finance (Senate Action) (Apr 26 2016)
Bill History:
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Mon, 25 Apr 2016 Senate: Filed(link is external)
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Tue, 26 Apr 2016 Senate: Passed 1st Reading(link is external)
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Tue, 26 Apr 2016 Senate: Ref To Com On Finance(link is external)
S 728
Bill Summaries:
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Bill S 728 (2015-2016)Summary date: Apr 25 2016 - View Summary
View: All Summaries for Bill
Identical to H 1038 filed on 3/3/16.