Redistribution of Lottery Fund
Current law distributes, to the extent available, the first $3 million of the lottery fund to the outdoor equity fund, the next $3 million to the public school capital construction assistance fund, and any remaining money as follows:
- 25% to the wildlife cash fund;
- 25% to the parks and outdoor recreation cash fund; and
- 50% to the public school capital construction assistance fund.
For the 2024-25 state fiscal year and each state fiscal year thereafter, the bill redistributes, to the extent available, the first $3 $4 million of the lottery fund to the outdoor equity fund, the next $4 $3 million to the public school capital construction assistance fund, the next $750,000 to the outdoor recreation industry office in the office of economic development, and any remaining money as follows:
- If the total amount of lottery fund money available is $20 million or less:
10% to the wildlife cash fund;10% to the parks and outdoor recreation cash fund;30% to the outdoor equity fund; and- 50% to the public school capital construction assistance fund;
- 20% to the parks and outdoor recreation cash fund;
- 20% to the wildlife cash fund; and
- 10% to the outdoor equity fund; or
- If the total amount of lottery fund money available is more than $20 million:
- 50% to the public school capital construction assistance fund;
- 15% to the parks and outdoor recreation cash fund;
- 15% to the wildlife cash fund;
- 10% to the outdoor equity fund;
- 5% to the outdoor recreation industry office in the office of economic development; and
- 5% to the strategic outdoor recreation management and infrastructure cash fund.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)