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Introduced Version House Bill 4325 History

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Key: Green = existing Code. Red = new code to be enacted
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H. B. 4325

 

         (By Delegates Eldridge, Barker, Marcum,

         L. Phillips, Young, Barill, Diserio, Barrett,

         Campbell, R. Phillips and White)

 

         [Introduced January 24, 2014; referred to the

Committee on Agriculture and Natural Resources then Finance.]

A BILL to amend the Code of West Virginia, 1931, as amended, adding thereto a new section, designated §29-22-30, relating to the establishment of the State Parks Benefit Game; and the establishment of the State Parks Lottery Fund.

Be it enacted by the Legislature of West Virginia:

    That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §29-22-30, to read as follows:

Article 22. State Lottery Act.

§29-22-30. State parks instant lottery scratch-off game.

    (a) Beginning September 1, 2014 the commission shall establish and offer an instant lottery scratch-off game designated as the State Parks Benefit Game.

    (b) Notwithstanding the provisions of section eighteen of this article, the commission shall transfer all net profits received from the sale of State Parks Benefit Game lottery tickets, materials and games to the State Treasurer for deposit into the State Parks Lottery Fund established in this section. The Legislature may make appropriations from this fund for the operational costs of the game. The State Treasurer shall transfer funds accrued in the State Parks Lottery Fund to the Division of Natural Resources’ Parks and Recreation Section upon the written request of the Director of the Division of Natural Resources to the Investment Management Board and the State Treasurer.

    (c) There is created in the State Treasury a special revenue fund designated the State Parks Lottery Fund, which consists of all revenues derived from the State Parks Benefit Game, any appropriations to the fund by the Legislature and all interest or other returns earned from investment of the fund.

    (d) The commission shall change the design or theme of the State Parks Benefit Game regularly so that the game remains competitive with the other instant lottery scratch-off games offered by the commission. The tickets for the instant lottery game created in this section shall clearly state that the profits derived from the game are being used to benefit retired teachers in this state.

    NOTE: The purpose of this bill is to establish within the West Virginia Lottery the State Parks Benefit Game, and to establish within the State Treasury the State Parks Lottery Fund.


    This section is new; therefore, it has been completely underscored.

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