BILL REQ. #: H-0309.2
State of Washington | 61st Legislature | 2009 Regular Session |
Prefiled 01/06/09. Read first time 01/12/09. Referred to Committee on Commerce & Labor.
AN ACT Relating to veteran lottery games; amending RCW 67.70.240; and adding a new section to chapter 67.70 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 A new section is added to chapter 67.70 RCW
to read as follows:
The lottery commission shall conduct at least two but not more than
four new scratch games each year to benefit veterans and their
families. The commission shall develop and promote the games as
veteran lottery games benefiting veterans and their families.
Sec. 2 RCW 67.70.240 and 2001 c 3 s 4 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 education construction
fund and student achievement fund created in RCW 43.135.045. For the
transition period from July 1, 2001, until and including June 30, 2002,
fifty percent of the moneys not otherwise obligated under this section
shall be placed in the student achievement fund and fifty percent of
these moneys shall be placed in the education construction fund. On
and after July 1, 2002, until June 30, 2004, seventy-five percent of
these moneys shall be placed in the student achievement fund and
twenty-five percent shall be placed in the education construction fund.
On and after July 1, 2004, all deposits not otherwise obligated under
this section shall be placed in the education construction fund.
Moneys in the state lottery account deposited in the education
construction fund and the student achievement fund are included in
"general state revenues" under RCW 39.42.070;
(4) 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. Three million dollars
shall be distributed under this subsection during calendar year 1996.
During subsequent years, such distributions shall equal the prior
year's distributions increased by four percent. Distributions under
this subsection 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;
(5) For distribution to the stadium and exhibition center account,
created in RCW 43.99N.060. Subject to the conditions of RCW
43.99N.070, six million dollars shall be distributed under this
subsection during the calendar year 1998. During subsequent years,
such distribution shall equal the prior year's distributions increased
by four percent. No distribution may be made under this subsection
after December 31, 1999, unless the conditions for issuance of the
bonds under RCW 43.99N.020(2) are met. Distributions under this
subsection shall cease when the bonds are retired, but not later than
December 31, 2020;
(6) For transfer to the veterans innovations program account. The
net revenues received from the sale of the veteran lottery games
conducted under section 1 of this act must be deposited into the
veterans innovations program account created in RCW 43.60A.185 for
purposes of serving veterans and their families. For purposes of this
section, "net revenues" means all revenues received from the sale of
veteran lottery games less the sum of the amount paid out in prizes and
the actual administrative expenses of the lottery solely related to the
veteran lottery games;
(7) For the purchase and promotion of lottery games and game-related services; and
(((7))) (8) For the payment of agent compensation.
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.