California 2017-2018 Regular Session

California Assembly Bill AB1599 Compare Versions

Only one version of the bill is available at this time.

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1	1	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1599Introduced by Assembly Member BocanegraFebruary 17, 2017 An act to amend Section 8880.22 of the Government Code, relating to the California State Lottery. LEGISLATIVE COUNSEL'S DIGESTAB 1599, as introduced, Bocanegra. California State Lottery: financial reporting.(1) Existing law requires the California State Lottery Commission to make quarterly reports of the operations of the lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. Existing law requires those reports to include, among other financial materials, a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds. Existing law requires the reports to be due 75 days after the close of the quarter for which the information is being required.This bill instead would require those reports to be due 65 days after the close of the quarter for which the information is being required.(2) The Lottery Act provides that none of its provisions may be changed, except to further its purpose by a bill passed by a2/3 vote of each house of the Legislature and signed by the Governor.This bill would declare that its provisions further the purposes of the act.Digest Key Vote: 2/3 Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 8880.22 of the Government Code is amended to read:8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.SEC. 2. The Legislature finds and declares that this act furthers the purpose of the California State Lottery Act of 1984 enacted by Proposition 37 at the November 6, 1984, statewide general election.
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3	3	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1599Introduced by Assembly Member BocanegraFebruary 17, 2017 An act to amend Section 8880.22 of the Government Code, relating to the California State Lottery. LEGISLATIVE COUNSEL'S DIGESTAB 1599, as introduced, Bocanegra. California State Lottery: financial reporting.(1) Existing law requires the California State Lottery Commission to make quarterly reports of the operations of the lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. Existing law requires those reports to include, among other financial materials, a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds. Existing law requires the reports to be due 75 days after the close of the quarter for which the information is being required.This bill instead would require those reports to be due 65 days after the close of the quarter for which the information is being required.(2) The Lottery Act provides that none of its provisions may be changed, except to further its purpose by a bill passed by a2/3 vote of each house of the Legislature and signed by the Governor.This bill would declare that its provisions further the purposes of the act.Digest Key Vote: 2/3 Appropriation: NO Fiscal Committee: YES Local Program: NO
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9	9	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
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11	11	Assembly Bill No. 1599
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13	13	Introduced by Assembly Member BocanegraFebruary 17, 2017
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15	15	Introduced by Assembly Member Bocanegra
16	16	February 17, 2017
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18	18	An act to amend Section 8880.22 of the Government Code, relating to the California State Lottery.
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20	20	LEGISLATIVE COUNSEL'S DIGEST
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22	22	## LEGISLATIVE COUNSEL'S DIGEST
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24	24	AB 1599, as introduced, Bocanegra. California State Lottery: financial reporting.
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26	26	(1) Existing law requires the California State Lottery Commission to make quarterly reports of the operations of the lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. Existing law requires those reports to include, among other financial materials, a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds. Existing law requires the reports to be due 75 days after the close of the quarter for which the information is being required.This bill instead would require those reports to be due 65 days after the close of the quarter for which the information is being required.(2) The Lottery Act provides that none of its provisions may be changed, except to further its purpose by a bill passed by a2/3 vote of each house of the Legislature and signed by the Governor.This bill would declare that its provisions further the purposes of the act.
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28	28	(1) Existing law requires the California State Lottery Commission to make quarterly reports of the operations of the lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. Existing law requires those reports to include, among other financial materials, a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds. Existing law requires the reports to be due 75 days after the close of the quarter for which the information is being required.
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30	30	This bill instead would require those reports to be due 65 days after the close of the quarter for which the information is being required.
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32	32	(2) The Lottery Act provides that none of its provisions may be changed, except to further its purpose by a bill passed by a2/3 vote of each house of the Legislature and signed by the Governor.
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34	34	This bill would declare that its provisions further the purposes of the act.
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36	36	## Digest Key
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38	38	## Bill Text
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40	40	The people of the State of California do enact as follows:SECTION 1. Section 8880.22 of the Government Code is amended to read:8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.SEC. 2. The Legislature finds and declares that this act furthers the purpose of the California State Lottery Act of 1984 enacted by Proposition 37 at the November 6, 1984, statewide general election.
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42	42	The people of the State of California do enact as follows:
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44	44	## The people of the State of California do enact as follows:
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46	46	SECTION 1. Section 8880.22 of the Government Code is amended to read:8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.
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48	48	SECTION 1. Section 8880.22 of the Government Code is amended to read:
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50	50	### SECTION 1.
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52	52	8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.
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54	54	8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.
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56	56	8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.
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60	60	8880.22. The Commission shall make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. The reports shall be due 75 65 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.
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62	62	SEC. 2. The Legislature finds and declares that this act furthers the purpose of the California State Lottery Act of 1984 enacted by Proposition 37 at the November 6, 1984, statewide general election.
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64	64	SEC. 2. The Legislature finds and declares that this act furthers the purpose of the California State Lottery Act of 1984 enacted by Proposition 37 at the November 6, 1984, statewide general election.
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66	66	SEC. 2. The Legislature finds and declares that this act furthers the purpose of the California State Lottery Act of 1984 enacted by Proposition 37 at the November 6, 1984, statewide general election.
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68	68	### SEC. 2.