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H. 3248
STATUS INFORMATION
General Bill
Sponsors: Rep. Coates
Document Path: l:\council\bills\pt\1162mm03.doc
Introduced in the House on January 14, 2003
Currently residing in the House Committee on Ways and Means
Summary: Lottery retailers, increase compensation
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/18/2002 House Prefiled 12/18/2002 House Referred to Committee on Ways and Means 1/14/2003 House Introduced and read first time HJ-102 1/14/2003 House Referred to Committee on Ways and Means HJ-102
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 59-150-150, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LOTTERY RETAILERS IN CONNECTION WITH THE EDUCATION LOTTERY ACT, SO AS TO INCREASE THEIR COMPENSATION FROM SEVEN TO NOT LESS THAN TEN PERCENT OF GROSS PROCEEDS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-150-150(A) of the 1976 Code, as added by Act 59 of 2001, is amended to read:
"(A) The commission shall develop and maintain a statewide network of lottery retailers to serve the public convenience and promote the sale of tickets or shares and the playing of lottery games as defined in Section 59-150-20(7) while ensuring the integrity of the lottery operations, games, and activities. The commission also shall provide a small retailer a chance to participate in the sales of lottery tickets or shares; provide for compensation to a lottery retailer in the form of commissions in an amount of not less than seven ten percent of gross proceeds; and issue a license to each person with whom it contracts as a lottery retailer for purposes of display. Each lottery retailer shall post and display conspicuously its license. A license is not assignable or transferable."
SECTION 2. This act takes effect upon approval by the Governor.
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