Amended IN Assembly June 15, 2021 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 818Introduced by Committee on Governmental Organization (Senators Dodd (Chair), Allen, Archuleta, Becker, Borgeas, Bradford, Glazer, Hueso, Jones, Melendez, Nielsen, Portantino, Rubio, and Wilk)March 03, 2021 An act to add Section 8880.43.1 to the Government Code, relating to the California State Lottery. LEGISLATIVE COUNSEL'S DIGESTSB 818, as amended, Committee on Governmental Organization. California State Lottery Lottery.The California State Lottery Act of 1984 authorizes a California State Lottery and provides for its operation and administration by the California State Lottery Commission and the Director of the California State Lottery. Existing law requires that not less than 87% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires at least 50% of annual lottery revenues to be returned to the public in the form of prizes. Existing law, to become operative following notification from the Controller to the Legislature and the Governor that certain events have occurred, changes the revenue allocation formula so that not less than 84% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires 50% of the total annual revenues to be returned to the public in the form of prizes.This bill would require the director, on or before August 1, 2022, at least once every 5 years, to conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery and would require the director to recalculate the optimal prize payout rate at least once every 5 years. lottery. The bill would require the commission, commencing with the 202324 202122 fiscal year, and consistent with the above formula, to use the optimal prize payout rate range to set the lotterys budget each fiscal year.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 8880.43.1 is added to the Government Code, to read:8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
Amended IN Assembly June 15, 2021 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 818Introduced by Committee on Governmental Organization (Senators Dodd (Chair), Allen, Archuleta, Becker, Borgeas, Bradford, Glazer, Hueso, Jones, Melendez, Nielsen, Portantino, Rubio, and Wilk)March 03, 2021 An act to add Section 8880.43.1 to the Government Code, relating to the California State Lottery. LEGISLATIVE COUNSEL'S DIGESTSB 818, as amended, Committee on Governmental Organization. California State Lottery Lottery.The California State Lottery Act of 1984 authorizes a California State Lottery and provides for its operation and administration by the California State Lottery Commission and the Director of the California State Lottery. Existing law requires that not less than 87% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires at least 50% of annual lottery revenues to be returned to the public in the form of prizes. Existing law, to become operative following notification from the Controller to the Legislature and the Governor that certain events have occurred, changes the revenue allocation formula so that not less than 84% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires 50% of the total annual revenues to be returned to the public in the form of prizes.This bill would require the director, on or before August 1, 2022, at least once every 5 years, to conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery and would require the director to recalculate the optimal prize payout rate at least once every 5 years. lottery. The bill would require the commission, commencing with the 202324 202122 fiscal year, and consistent with the above formula, to use the optimal prize payout rate range to set the lotterys budget each fiscal year.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
Amended IN Assembly June 15, 2021
Amended IN Assembly June 15, 2021
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Senate Bill
No. 818
Introduced by Committee on Governmental Organization (Senators Dodd (Chair), Allen, Archuleta, Becker, Borgeas, Bradford, Glazer, Hueso, Jones, Melendez, Nielsen, Portantino, Rubio, and Wilk)March 03, 2021
Introduced by Committee on Governmental Organization (Senators Dodd (Chair), Allen, Archuleta, Becker, Borgeas, Bradford, Glazer, Hueso, Jones, Melendez, Nielsen, Portantino, Rubio, and Wilk)
March 03, 2021
An act to add Section 8880.43.1 to the Government Code, relating to the California State Lottery.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 818, as amended, Committee on Governmental Organization. California State Lottery Lottery.
The California State Lottery Act of 1984 authorizes a California State Lottery and provides for its operation and administration by the California State Lottery Commission and the Director of the California State Lottery. Existing law requires that not less than 87% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires at least 50% of annual lottery revenues to be returned to the public in the form of prizes. Existing law, to become operative following notification from the Controller to the Legislature and the Governor that certain events have occurred, changes the revenue allocation formula so that not less than 84% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires 50% of the total annual revenues to be returned to the public in the form of prizes.This bill would require the director, on or before August 1, 2022, at least once every 5 years, to conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery and would require the director to recalculate the optimal prize payout rate at least once every 5 years. lottery. The bill would require the commission, commencing with the 202324 202122 fiscal year, and consistent with the above formula, to use the optimal prize payout rate range to set the lotterys budget each fiscal year.
The California State Lottery Act of 1984 authorizes a California State Lottery and provides for its operation and administration by the California State Lottery Commission and the Director of the California State Lottery. Existing law requires that not less than 87% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires at least 50% of annual lottery revenues to be returned to the public in the form of prizes. Existing law, to become operative following notification from the Controller to the Legislature and the Governor that certain events have occurred, changes the revenue allocation formula so that not less than 84% of the total annual revenues of the state lottery be returned to the public in the form of prizes and net revenues to benefit public education, as specified, and requires 50% of the total annual revenues to be returned to the public in the form of prizes.
This bill would require the director, on or before August 1, 2022, at least once every 5 years, to conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery and would require the director to recalculate the optimal prize payout rate at least once every 5 years. lottery. The bill would require the commission, commencing with the 202324 202122 fiscal year, and consistent with the above formula, to use the optimal prize payout rate range to set the lotterys budget each fiscal year.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 8880.43.1 is added to the Government Code, to read:8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 8880.43.1 is added to the Government Code, to read:8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
SECTION 1. Section 8880.43.1 is added to the Government Code, to read:
### SECTION 1.
8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.
8880.43.1. (a) On or before August 1, 2022, At least once every five years, the director shall conduct a study to determine the optimal prize payout rate range to maximize the amount of funding allocated to public education each year by the lottery. The director shall recalculate the optimal prize payout rate at least once every five years.
(b) Commencing with the 202324 202122 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout rate range to set the lotterys budget each fiscal year.