FIFTY-FOURTH LEGISLATURESB 283/a
FIRST SESSION, 2019
February 6, 2019
Mr. President:
Your EDUCATION COMMITTEE, to whom has been referred
SENATE BILL 283
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. On page 2, line 22, strike the closing quotation mark.
2. On page 2, between lines 22 and 23, insert the following new subsection:
"D. The minimum transfer by the authority to the lottery tuition fund shall be as follows:
(1) forty million dollars ($40,000,000) for fiscal year 2020;
(2) forty million five hundred thousand dollars ($40,500,000) for fiscal year 2021; and
(3) forty-one million dollars ($41,000,000) for fiscal year 2022 and subsequent fiscal years; provided, however, that if the authority does not transfer at least forty-one million dollars ($41,000,000) in fiscal year 2022 or any subsequent fiscal year, the transfer in the next fiscal year shall be not less than thirty percent of the gross revenue of the lottery."".,
and thence referred to the FINANCE COMMITTEE.
___________________________________
William P. Soules, Chairman
Adopted_______________________ Not Adopted_______________________
(Chief Clerk) (Chief Clerk)
Date ________________________
The roll call vote was 7 For 1 Against
Yes: 7
No: Soules
Excused: O'Neill
Absent: None
SB0283ED1.wpd .213352.1