House Bill 4564

Committee: Education

Complete to 4-28-99

A SUMMARY OF HOUSE BILL 4564 AS INTRODUCED 4-22-99

House Bill 4564 would amend the McCauley-Traxler-Law-Bowman-McNeely Lottery Act to revise the distribution of lottery revenues to school districts.

Current law specifies that after payment of prizes and reasonable expenses of the Lottery Bureau in its operation of the lottery, the net revenue in the State Lottery Fund and any money or interest generated by the Lottery Fund must be deposited in the State School Aid Fund and distributed as provided by law.

House Bill 4564 would require that the lottery revenue deposited in the State School Aid Fund establish in section 11 of article IX of the State Constitution be distributed by appropriation to the school districts in proportion to the amount of net lottery revenue generated by each school district during the preceding state fiscal year.

MCL 432.41 and 432.43

Analyst: J. Hunault

This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.