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Bill 871

                    Current Status

Bill Number:                      871
Type of Legislation:              Joint Resolution JR
Introducing Body:                 Senate
Introduced Date:                  20020115
Primary Sponsor:                  Verdin
All Sponsors:                     Verdin, Fair, Hawkins, Thomas, Peeler, 
                                  Kuhn
Drafted Document Number:          l:\council\bills\bbm\10586htc02.doc
Residing Body:                    Senate
Current Committee:                Finance Committee 06 SF
Subject:                          Unclaimed lottery prize monies, portion 
                                  of to buy new school buses


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
Senate  20020115  Introduced, read first time,           06 SF
                  referred to Committee


              Versions of This Bill

TO APPROPRIATE ALL REVENUES CREDITED TO THE EDUCATION LOTTERY ACCOUNT FROM JANUARY 1, 2002, THROUGH JUNE 30, 2002, TO THE STATE DEPARTMENT OF EDUCATION TO PURCHASE NEW SCHOOL BUSES AND TO APPROPRIATE FOR THIS SAME PURPOSE SEVENTY-FIVE PERCENT OF ALL REVENUES CREDITED TO THE EDUCATION LOTTERY ACCOUNT FROM JULY 1, 2002, THROUGH DECEMBER 31, 2002, WHICH ARE DERIVED FROM UNCLAIMED LOTTERY PRIZE MONEY.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. (A) Notwithstanding the provisions of Sections 59-150-340 and 59-150-350 of the 1976 Code and any other provision of law providing for the use and method of appropriating lottery revenues, all amounts credited to the Education Lottery Accounts from January 1, 2002, through June 30, 2002, are appropriated to the State Department of Education for the purpose of purchasing new school buses.

(B) Notwithstanding the provisions of Sections 59-150-340 and 59-150-350 of the 1976 Code and any other provision of law providing for the use and method of appropriating lottery revenues, and in addition to any amounts appropriated pursuant to Section 59-150-230(I) of the 1976 Code, seventy-five percent of unclaimed lottery prize money credited to the Education Lottery Act from July 1, 2002, through December 31, 2002, is appropriated from that account to the State Department of Education for the purpose of purchasing new school buses.

SECTION 2. This joint resolution takes effect upon approval by the Governor.

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