BILL REQ. #: H-2183.1
State of Washington | 63rd Legislature | 2013 Regular Session |
READ FIRST TIME 03/28/13.
AN ACT Relating to eliminating lottery games that generate insufficient net revenue; amending RCW 67.70.240; and repealing RCW 67.70.500.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1 RCW 67.70.240 and 2011 c 352 s 3 are each amended to read
as follows:
(1) The moneys in the state lottery account ((shall)) may be used
only:
(((1))) (a) For the payment of prizes to the holders of winning
lottery tickets or shares;
(((2))) (b) 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))) (c) For purposes of making deposits into the ((education
construction fund created in RCW 43.135.045 and the)) Washington
opportunity pathways account created in RCW 28B.76.526. ((On and after
July 1, 2010, all deposits not otherwise obligated under this section
shall be placed in the Washington opportunity pathways account.))
Moneys in the state lottery account deposited in the Washington
opportunity pathways account 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;)) (d) 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 ((
(5)shall)) must be distributed under
this subsection during the calendar year 1998. During subsequent
years, such distribution ((shall)) must 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)) must 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 annual Veteran's Day
lottery raffle conducted under RCW 67.70.500 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 under
this subsection, "net revenues" means all revenues received from the
sale of veteran lottery raffle tickets less the sum of the amount paid
out in prizes and the actual administration expenses of the lottery
solely related to the veteran lottery raffle;)) (e) For the purchase and promotion of lottery games and game-related services; and
(7)
(((8))) (f) For the payment of agent compensation.
(2) 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.
NEW SECTION. Sec. 2 RCW 67.70.500 (Veteran lottery raffle--Created) and 2012 c 43 s 1 & 2011 c 352 s 2 are each repealed.