S-1734.1 _______________________________________________
SENATE BILL 5907
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State of Washington 55th Legislature 1997 Regular Session
By Senators Swanson, Wojahn, Fraser, Goings, West and Oke
Read first time 02/19/97. Referred to Committee on Ways & Means.
AN ACT Relating to state lottery accounts; and amending RCW 67.70.240, 67.70.260, and 67.70.042.
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; and (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))) (4) 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)))
(4) 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.
Sec. 2. RCW 67.70.260 and 1985 c 375 s 6 are each amended to read as follows:
There is hereby created the lottery administrative account in the state treasury. The account shall be managed, controlled, and maintained by the director. The legislature may appropriate from the account for the payment of costs incurred in the operation and administration of the lottery, including the purchase and promotion of lottery games and game-related services and the payment of agent compensation.
Sec. 3. RCW 67.70.042 and 1995 3rd sp.s. c 1 s 104 are each amended to read as follows:
The lottery commission shall conduct at least two but not more than
four scratch games with sports themes per year. These games are intended to
generate additional moneys sufficient to cover the distributions under RCW
67.70.240(((5))) (4).
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