State Codes and Statutes

Statutes > California > Gov > 8880.61-8880.66

GOVERNMENT CODE
SECTION 8880.61-8880.66



8880.61.  State Lottery Fund
   (a) A special fund to be known as the "State Lottery Fund" is
created within the State Treasury that is continuously appropriated
for carrying out the purposes of this chapter. The fund shall receive
all proceeds from the sales of lottery tickets or shares, the
temporary line of credit for initial startup costs, and all other
moneys credited to the Lottery from any other source. The Treasurer
shall designate a depository to receive lottery proceeds for
transmission to the State Treasury and for deposit in the State
Lottery Fund.
   (b) Except as provided by this chapter, moneys in the General Fund
or any other state fund shall not be transferred to the State
Lottery Fund or otherwise used to support the California State
Lottery or the Lottery Commission, or to pay the debts, obligations,
or encumbrances of the State Lottery Fund or the Commission.
   (c) Notwithstanding any other law, the Controller may use the
moneys in the State Lottery Fund for loans to the General Fund as
provided in Sections 16310 and 16381. Interest shall be paid on all
moneys loaned to the General Fund from the State Lottery Fund.
Interest payable shall be computed at a rate of 110 percent of the
Pooled Money Investment Account rate, with the interest accruing on
the date the loan is made from the State Lottery Fund to the General
Fund. This subdivision does not authorize any transfer that will
interfere with the carrying out of the object for which the State
Lottery Fund was created.


8880.62.  Funds shall be disbursed from the State Lottery Fund by
the Controller for any of the purposes authorized by this chapter.



8880.63.  (a) As nearly as practical, at least 50 percent of the
total projected revenue, computed on a fiscal-year basis, accruing
from the sales of all lottery tickets or shares shall be apportioned
for payment of prizes.
   (b) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.63.  (a) As nearly as practical, 50 percent of the total
projected revenue, computed on a fiscal-year basis, accruing from the
sales of all lottery tickets or shares shall be apportioned for
payment of prizes.
   (b) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 13 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 16 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.




8880.65.  Transfer of Net Revenues
   The funds remaining in the State Lottery Fund after accrual of all
revenues to the State Lottery Fund, and after accrual of all
obligations of the Lottery for prizes, expenses, and the repayment of
any funds advanced from the temporary line of credit for initial
startup costs and interest thereon shall be deemed to be the net
revenues of the Lottery. The net revenues of the Lottery shall be
transferred from the State Lottery Fund not less than quarterly to
the California State Lottery Education Fund.



8880.66.  Intergovernmental Reimbursements for Services
   The Commission shall reimburse all other governmental entities for
any and all services necessary to effectuate the purpose of this
Chapter provided by such governmental entities to the State Lottery
Commission.


State Codes and Statutes

Statutes > California > Gov > 8880.61-8880.66

GOVERNMENT CODE
SECTION 8880.61-8880.66



8880.61.  State Lottery Fund
   (a) A special fund to be known as the "State Lottery Fund" is
created within the State Treasury that is continuously appropriated
for carrying out the purposes of this chapter. The fund shall receive
all proceeds from the sales of lottery tickets or shares, the
temporary line of credit for initial startup costs, and all other
moneys credited to the Lottery from any other source. The Treasurer
shall designate a depository to receive lottery proceeds for
transmission to the State Treasury and for deposit in the State
Lottery Fund.
   (b) Except as provided by this chapter, moneys in the General Fund
or any other state fund shall not be transferred to the State
Lottery Fund or otherwise used to support the California State
Lottery or the Lottery Commission, or to pay the debts, obligations,
or encumbrances of the State Lottery Fund or the Commission.
   (c) Notwithstanding any other law, the Controller may use the
moneys in the State Lottery Fund for loans to the General Fund as
provided in Sections 16310 and 16381. Interest shall be paid on all
moneys loaned to the General Fund from the State Lottery Fund.
Interest payable shall be computed at a rate of 110 percent of the
Pooled Money Investment Account rate, with the interest accruing on
the date the loan is made from the State Lottery Fund to the General
Fund. This subdivision does not authorize any transfer that will
interfere with the carrying out of the object for which the State
Lottery Fund was created.


8880.62.  Funds shall be disbursed from the State Lottery Fund by
the Controller for any of the purposes authorized by this chapter.



8880.63.  (a) As nearly as practical, at least 50 percent of the
total projected revenue, computed on a fiscal-year basis, accruing
from the sales of all lottery tickets or shares shall be apportioned
for payment of prizes.
   (b) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.63.  (a) As nearly as practical, 50 percent of the total
projected revenue, computed on a fiscal-year basis, accruing from the
sales of all lottery tickets or shares shall be apportioned for
payment of prizes.
   (b) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 13 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 16 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.




8880.65.  Transfer of Net Revenues
   The funds remaining in the State Lottery Fund after accrual of all
revenues to the State Lottery Fund, and after accrual of all
obligations of the Lottery for prizes, expenses, and the repayment of
any funds advanced from the temporary line of credit for initial
startup costs and interest thereon shall be deemed to be the net
revenues of the Lottery. The net revenues of the Lottery shall be
transferred from the State Lottery Fund not less than quarterly to
the California State Lottery Education Fund.



8880.66.  Intergovernmental Reimbursements for Services
   The Commission shall reimburse all other governmental entities for
any and all services necessary to effectuate the purpose of this
Chapter provided by such governmental entities to the State Lottery
Commission.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Gov > 8880.61-8880.66

GOVERNMENT CODE
SECTION 8880.61-8880.66



8880.61.  State Lottery Fund
   (a) A special fund to be known as the "State Lottery Fund" is
created within the State Treasury that is continuously appropriated
for carrying out the purposes of this chapter. The fund shall receive
all proceeds from the sales of lottery tickets or shares, the
temporary line of credit for initial startup costs, and all other
moneys credited to the Lottery from any other source. The Treasurer
shall designate a depository to receive lottery proceeds for
transmission to the State Treasury and for deposit in the State
Lottery Fund.
   (b) Except as provided by this chapter, moneys in the General Fund
or any other state fund shall not be transferred to the State
Lottery Fund or otherwise used to support the California State
Lottery or the Lottery Commission, or to pay the debts, obligations,
or encumbrances of the State Lottery Fund or the Commission.
   (c) Notwithstanding any other law, the Controller may use the
moneys in the State Lottery Fund for loans to the General Fund as
provided in Sections 16310 and 16381. Interest shall be paid on all
moneys loaned to the General Fund from the State Lottery Fund.
Interest payable shall be computed at a rate of 110 percent of the
Pooled Money Investment Account rate, with the interest accruing on
the date the loan is made from the State Lottery Fund to the General
Fund. This subdivision does not authorize any transfer that will
interfere with the carrying out of the object for which the State
Lottery Fund was created.


8880.62.  Funds shall be disbursed from the State Lottery Fund by
the Controller for any of the purposes authorized by this chapter.



8880.63.  (a) As nearly as practical, at least 50 percent of the
total projected revenue, computed on a fiscal-year basis, accruing
from the sales of all lottery tickets or shares shall be apportioned
for payment of prizes.
   (b) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.63.  (a) As nearly as practical, 50 percent of the total
projected revenue, computed on a fiscal-year basis, accruing from the
sales of all lottery tickets or shares shall be apportioned for
payment of prizes.
   (b) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 13 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall remain in effect only until December 31 of
the year of notification from the Controller to the Legislature and
the Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred, and as of that
date is repealed, unless a later enacted statute, that is enacted
before December 31 of that year, deletes or extends that date.



8880.64.  (a) Expenses of the lottery shall include all costs
incurred in the operation and administration of the lottery and all
costs resulting from any contracts entered into for the purchase or
lease of goods and services required by the lottery, including, but
not limited to, the costs of supplies, materials, tickets,
independent audit services, independent studies, data transmission,
advertising, promotion, incentives, public relations, communications,
compensation paid to the lottery game retailers, bonding for lottery
game retailers, printing, distribution of tickets or shares,
reimbursement of costs of services provided to the lottery by other
governmental entities, and for the costs of any other goods and
services necessary for effectuating the purposes of this chapter. As
a promotional expense, the commission may supplement the prize pool
of a game or games upon its determination that a supplement will
benefit the public purpose of this chapter.
   (b) (1) Not more than 16 percent of the total annual revenues
accruing from the sale of all lottery tickets and shares from all
lottery games shall be expended for the payment of the expenses of
the lottery.
   (2) Expenses recorded as a result of a nonmonetary exchange shall
not be considered an expense for the purposes of Section 8880.4 and
this section. "Nonmonetary exchange" means a reciprocal transfer, in
compliance with generally accepted accounting principles, between the
lottery and another entity that results in the lottery acquiring
assets or services and the lottery providing assets or services.
   (c) This section shall become operative on January 1 of the year
following notification from the Controller to the Legislature and the
Governor that the events described in paragraphs (1) and (2) of
subdivision (c) of Section 8880.4.5 have occurred.




8880.65.  Transfer of Net Revenues
   The funds remaining in the State Lottery Fund after accrual of all
revenues to the State Lottery Fund, and after accrual of all
obligations of the Lottery for prizes, expenses, and the repayment of
any funds advanced from the temporary line of credit for initial
startup costs and interest thereon shall be deemed to be the net
revenues of the Lottery. The net revenues of the Lottery shall be
transferred from the State Lottery Fund not less than quarterly to
the California State Lottery Education Fund.



8880.66.  Intergovernmental Reimbursements for Services
   The Commission shall reimburse all other governmental entities for
any and all services necessary to effectuate the purpose of this
Chapter provided by such governmental entities to the State Lottery
Commission.