Bill Text: CA AB1769 | 2023-2024 | Regular Session | Introduced

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Bill Title: California State Lottery: quarterly reports.

Spectrum: Committee Bill

Status: (Engrossed) 2023-09-12 - Ordered to inactive file at the request of Senator Dodd. [AB1769 Detail]

Download: California-2023-AB1769-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 1769

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Introduced by Committee on Governmental Organization (Assembly Members Santiago (Chair), Lackey (Vice Chair), Aguiar-Curry, Berman, Bryan, Cervantes, Megan Dahle, Garcia, Gipson, Jones-Sawyer, Low, Mathis, McCarty, Ramos, Robert Rivas, Blanca Rubio, Ta, and Villapudua)

March 22, 2023

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An act to amend Section 8880.22 of the Government Code, relating to gambling.

LEGISLATIVE COUNSEL'S DIGEST

AB 1769, as introduced, Committee on Governmental Organization. California State Lottery: quarterly reports.

The California State Lottery Act of 1984 authorizes a California State Lottery and provides for its operation and administration by the California State Lottery Commission and the Director of the California State Lottery. Existing law requires the commission to make quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature. Existing law requires the reports to include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds.

This bill would specify that the quarterly reports shall be written and would additionally require the reports to be made to specified committees of the Legislature.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 8880.22 of the Government Code is amended to read:

8880.22.

 The Commission commission shall make written quarterly reports of the operation of the Lottery to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature, including to the Senate and Assembly Committees on Governmental Organization and the relevant budget subcommittees of each house of the Legislature. The reports shall be due 75 days after the close of the quarter for which the information is being required. The reports shall include a full and complete statement of lottery revenues, prize disbursements, expenses, net revenues, and all other financial transactions involving lottery funds, including a statement of assets, statement of revenues, expenses, changes in net assets, and changes in financial position with all attached financial notes.