Bill Text: IN HB1199 | 2010 | Regular Session | Introduced
Bill Title: Lottery game benefiting veterans.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2010-01-12 - Representatives Gutwein and Lehe added as coauthors [HB1199 Detail]
Download: Indiana-2010-HB1199-Introduced.html
Citations Affected: IC 4-30; IC 10-17-12-9; IC 21-14.
Synopsis: Lottery game benefiting veterans. Requires the state lottery
commission to adopt rules to establish a scratch-off game to benefit
Indiana veterans. Deposits profits from the scratch-off game into the
military family relief fund and the children of veterans tuition fund.
Establishes the children of veterans tuition fund to provide full or
partial reimbursements to state educational institutions for the amount
of tuition waived for the children of veterans. Appropriates money in
the fund to the state student assistance commission.
Effective: July 1, 2010.
January 7, 2010, read first time and referred to Committee on Public Policy.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT to amend the Indiana Code concerning
gaming and to make an appropriation.
(b) Profits from the sale of scratch-off tickets for the game described in subsection (a) shall be deposited in equal amounts into the following funds:
(1) The military family relief fund established by IC 10-17-12-8.
(2) The children of veterans tuition fund established by IC 21-14-4-9.
commission.
(b) Except as provided in subsection (c), all money received by
retailers from the sale of lottery tickets, less the amount retained as
compensation for the sale of the tickets and the amount paid out as
prizes by the retailer, shall be held in trust until its delivery to the
commission or electronic transfer to the administrative trust fund.
(c) Money received by retailers from the sale of tickets, less the
amount retained as compensation for the sale of the tickets and the
amount paid out as prizes by the retailer, for a scratch-off game
established under IC 4-30-3-20 shall be held in trust until its
delivery to the commission for deposit in or electronic transfer to
the:
(1) military family relief fund established by IC 10-17-12-8; or
(2) children of veterans tuition fund established by
IC 21-14-4-9.
(b) Except as provided in subsection (c), all money received by the commission shall be deposited into the fund. All money in the fund is continually appropriated to the commission for the purposes specified in this article.
(c) The commission shall deposit profits from the sale of tickets for a scratch-off game established under IC 4-30-3-20 as follows:
(1) Fifty percent (50%) in the military family relief fund established by IC 10-17-12-8.
(2) Fifty percent (50%) in the children of veterans tuition fund established by IC 21-14-4-9.
(1) Appropriations made by the general assembly.
(2) Donations to the fund.
(3) Interest as provided in subsection (b).
(4) Money transferred to the fund from other funds.
(5) Annual supplemental fees collected under IC 9-29-5-38.5.
(6) Money deposited under IC 4-30-15-1(c).
(b) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that accrues
from these investments shall be deposited in the fund.
(c) Money in the fund at the end of a state fiscal year does not revert
to the state general fund or to any other fund.
(d) There is annually appropriated to the board for the purposes of
this chapter all money in the fund not otherwise appropriated to the
board for the purposes of this chapter.
(b) "Fund" for the purposes of IC 21-14-5, refers to the senior citizens tuition fund established by IC 21-14-5-1.
(b) The fund consists of the following:
(1) Appropriations made by the general assembly.
(2) Donations to the fund.
(3) Interest as provided in subsection (d).
(4) Money transferred to the fund from other funds.
(5) Money deposited into the fund under IC 4-30-15-1(c).
(c) The fund shall be administered by the commission. The expenses of administering the fund shall be paid from money in the fund.
(d) The treasurer of state shall invest the money not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund or to any other fund.
(f) There is annually appropriated to the commission for the purposes of this chapter all money in the fund not otherwise appropriated to the commission for the purposes of this chapter.
(1) the amount of total tuition waived under this chapter; or
(2) if the amount in the fund is insufficient to cover the tuition waivers for all of the institutions, a pro rata reduction of the amount of total tuition waivers based upon the number of children of veterans for which the institution provides tuition waivers compared to the total number of children of veterans who participate under this chapter statewide.
(b) To receive a reimbursement under subsection (a), the state educational institution must apply to the commission, on forms provided by the commission, for the reimbursement.