S 278 Session 110 (1993-1994)
S 0278 Joint Resolution, By Passailaigue, Ford, McConnell and M.T. Rose
A Joint Resolution proposing an amendment to Section 7, Article XVII of the
Constitution of South Carolina, 1895, relating to lotteries, so as to
authorize lotteries conducted only by the State and to provide that a portion
of the revenue derived from the lotteries be used for the purpose of reducing
the sales and use tax on unprepared food.
01/26/93 Senate Introduced and read first time SJ-22
01/26/93 Senate Referred to Committee on Finance SJ-22
A JOINT RESOLUTION
PROPOSING AN AMENDMENT TO SECTION 7, ARTICLE XVII
OF THE CONSTITUTION OF SOUTH CAROLINA, 1895,
RELATING TO LOTTERIES, SO AS TO AUTHORIZE
LOTTERIES CONDUCTED ONLY BY THE STATE AND TO
PROVIDE THAT A PORTION OF THE REVENUE DERIVED
FROM THE LOTTERIES BE USED FOR THE PURPOSE OF
REDUCING THE SALES AND USE TAX ON UNPREPARED
FOOD.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. It is proposed that Section 7, Article XVII of the
Constitution of this State be amended to read:
"Section 7. Except when conducted by the State,
No no lottery shall ever be is allowed
or may be advertised by newspapers, or otherwise, or its
tickets be sold in this State. Only the State may conduct
lotteries as provided for by the General Assembly.
The revenues actually collected during a twelve-month period from
the state lottery must be paid into a state lottery fund which shall be
separate and distinct from the General Fund of the State to be invested
by the State Treasurer with interest earned remaining a part of the
fund. No more than fifteen percent of the revenues each year may be
used for operational expenses of the state lottery, and fifty percent of
the revenues must be expended in prizes. The remaining revenues
each year must be used to reduce the state sales and use tax, excluding
the local option portion, if any, on a pro-rata basis, on the sale of
unprepared food that the State estimates would be collected during the
next twelve-month period after the lottery is enacted. If the actual net
revenues from the lottery collected during the preceding twelve
months exceeds the sales and use tax the State anticipates collecting
at the prevailing sales tax rate during the ensuing twelve-month
period, the balance must be appropriated by the General Assembly for
nonrecurring public educational needs, including buildings and
equipment.
The game of bingo, when conducted by charitable,
religious, or fraternal organizations exempt from federal
income taxation or when conducted at recognized annual State
state and county fairs, shall is not be
deemed considered a lottery prohibited by this
section."
SECTION 2. The proposed amendment must be submitted to the
qualified electors at the next general election for representatives.
Ballots must be provided at the various voting precincts with the
following words printed or written on the ballot:
"Shall Section 7, Article XVII of the Constitution of this State
be amended so as to authorize lotteries to be conducted only by the
State as provided for by the General Assembly with the revenues each
year paid into a state lottery fund and apportioned as follows:
(1) Fifty percent of the revenues must be expended in prizes.
(2) No more than fifteen percent of the revenues may be used for
operational expenses of the state lottery.
(3) The remaining revenues must be used as follows:
(a) to reduce the sales and use tax on unprepared food; and
(b) once such state imposed tax on unprepared food is
eliminated, any remaining funds must be appropriated for nonrecurring
public educational needs, including buildings and equipment.
Yes []
No []
Those voting in favor of the question shall deposit a ballot with a
check or cross mark in the square after the word `Yes', and those
voting against the question shall deposit a ballot with a check or cross
mark in the square after the word `No'."
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