SB 6560-S - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

     Recognizes that creating a shared game lottery could result in less revenue being raised by the existing state lottery ticket sales.

     Recognizes that the two funds most impacted by this potential event are the student achievement fund and the education construction account.

     Declares an intent to use some of the proceeds from the shared game lottery to make up the difference that the potential state lottery revenue loss would have on the student achievement fund and the education construction account.

     Provides that, for fiscal year 2003 and thereafter, the commission must transfer from revenues derived from the shared game lottery to the division of alcohol and substance abuse in the department of social and health services one million dollars, or as much thereof as may be necessary, for the treatment of pathological gamblers as prescribed by this act.

     Provides that, for fiscal year 2003 and thereafter, the commission must transfer from revenues derived from the shared game lottery to the Washington state gambling commission five hundred thousand dollars, or as much thereof as may be necessary, for use in problem gambling prevention, youth education, public awareness, training, and helpline services.

     Provides that the remaining net revenues, if any, in the shared game lottery account after the transfers must be deposited into the general fund.