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Current Status Bill Number:View additional legislative information at the LPITS web site.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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