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Introduced Version House Bill 4421 History

OTHER VERSIONS  -  Enrolled Version - Final Version  |     |  Email
Key: Green = existing Code. Red = new code to be enacted

H. B. 4421

 

         (By Delegates White, Skaff, Boggs, Barrett,

               Craig, A. Evans, Manchin, Reynolds,

                    Storch, Swartzmiller and Marcum)

              (By request of the Lottery Commission)

         [Introduced February 6, 2014; referred to the

         Committee on the Judiciary.]

 

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §29-22-30, relating to payment of lottery prizes; and permitting additional forms of payments consistent with current banking practices.

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. Methods of payment for lottery prizes.

    Notwithstanding any provision of this article or any rule to the contrary, the lottery shall pay a prize to a claimant by check, electronic funds transfer or any other method of payment acceptable to the Federal Reserve System.


    NOTE: The purpose of this bill is to allow the lottery to pay prizes utilizing other payment methods in addition to checks.

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

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