H-4440.1          _______________________________________________

                                  HOUSE BILL 2859

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State of Washington              54th Legislature             1996 Regular Session

By Representatives Carrell, Brumsickle, Johnson, Hymes, Ballasiotes, Talcott, Mulliken, Mitchell, Skinner, Delvin, Smith, Mastin, Robertson, Schoesler, Radcliff, Hickel, Dyer, Huff, B. Thomas, Beeksma, Clements, Campbell, Lambert, Wolfe, Horn, Patterson, Elliot, Backlund, L. Thomas, Kessler and Conway

Read first time 01/23/96.  Referred to Committee on Appropriations.

Dedicating lottery revenue to support schools.

     AN ACT Relating to dedication of lottery revenue to support schools; and amending RCW 67.70.240.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

     Sec. 1.  RCW 67.70.240 and 1995 3rd sp.s. c 1 s 105 are each amended to read as follows:

     The moneys in the state lottery account shall be used only:  (1) For the payment of prizes to the holders of winning lottery tickets or shares; (2) for purposes of making deposits into the reserve account created by RCW 67.70.250 and into the lottery administrative account created by RCW 67.70.260; (3) for purposes of making deposits into the state's general fund for the support of the common schools; (4) for purposes of making deposits into the housing trust fund under the provisions of section 7 of this 1987 act; (5) for distribution to a county for the purpose of paying the principal and interest payments on bonds issued by the county to construct a baseball stadium, as defined in RCW 82.14.0485, including reasonably necessary preconstruction costs; (6) for the purchase and promotion of lottery games and game-related services; and (7) for the payment of agent compensation.  Three million dollars shall be distributed under subsection (5) of this section during calendar year 1996.  During subsequent years, such distributions shall equal the prior year's distributions increased by four percent.  Distributions under subsection (5) of this section shall cease when the bonds issued for the construction of the baseball stadium are retired, but not more than twenty years after the tax under RCW 82.14.0485 is first imposed.

     The office of financial management shall require the allotment of all expenses paid from the account and shall report to the ways and means committees of the senate and house of representatives any changes in the allotments.

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