Streamlining lottery accounts by transferring local accounts into the treasury custodial accounts, directing transfers of unclaimed prize money, and eliminating obsolete provisions.
Summary
Eliminates two local accounts used by the State Lottery Commission (Commission) and replaces them with accounts in the custody of the State Treasurer.
Requires the Commission to deposit two-thirds of unclaimed prize money to the Education Legacy Trust Account.
From the Substitute House Bill Report (SSB 6844), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House
AN ACT Relating to streamlining lottery accounts by transferring local accounts into the treasury custodial accounts, directing transfers of unclaimed prize money, and eliminating obsolete provisions;