MISSISSIPPI LEGISLATURE
2019 Regular Session
To: Gaming; Appropriations
By: Representative Clarke
AN ACT TO AMEND SECTION 27-115-85, MISSISSIPPI CODE OF 1972, TO REVISE THE DISTRIBUTION OF THE LOTTERY PROCEEDS FUND UNDER THE ALYCE G. CLARKE MISSISSIPPI LOTTERY LAW TO PROVIDE THAT AT LEAST TWENTY PERCENT OF THE FUNDS SHALL BE TRANSFERRED INTO THE EDUCATION ENHANCEMENT FUND FOR CERTAIN PURPOSES; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 27-115-85, Mississippi Code of 1972, is amended as follows:
27-115-85. Until June 30,
2028, net proceeds generated by the Alyce G. Clarke Mississippi Lottery Law,
created pursuant to this chapter and deposited into the Lottery Proceeds Fund
under Section 27-115-51(2), except as otherwise provided in this section, shall
be paid into the State Highway Fund by warrant issued by the State Fiscal
Officer upon requisition of the State Transportation Commission as needed to
provide funds to repair, renovate and maintain highways and bridges of the
state; however, funds paid into the State Highway Fund under this section shall
be first used for matching federal funds authorized to the state pursuant to
any federal highway infrastructure program implemented after September 1,
2018. However, * * *
at least twenty percent (20%) of such monies deposited into the Lottery
Proceeds Fund * * * in a fiscal year shall be
transferred into the Education Enhancement Fund for the purposes of funding the
Early Childhood Learning Collaborative, the Classroom Supply Fund and/or other
educational purposes. From and after July 1, 2028, the net proceeds shall be
deposited into the Lottery Proceeds Fund and shall be * * * transferred to the State
General Fund, except for the amounts * * * transferred
into the Education Enhancement Fund which shall continue to be deposited in
the Education Enhancement Fund as provided above.
SECTION 2. This act shall take effect and be in force from and after July 1, 2019.