California Government Code

§ 8880.4

GOV § 8880.4 Effective Sep 29, 2020Div. 1 · Title 2 · Ch. 12.5 · Art. 1

Statute text

Revenues of the state lottery shall be allocated so as to maximize the amount of funding allocated to public education, including from the first full fiscal year following enactment of the act adding Section 8880.4.5, as follows:

(a)Not less than 87 percent of the total annual revenues from the sale of state lottery tickets or shares shall be returned to the public in the form of prizes and net revenues to benefit public education.

(1)The commission shall determine the percentage of total annual revenues that shall be returned to the public in the form of prizes as described in this chapter, however the percentage shall not be less than 50 percent of the total revenues.

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Legislative history

Amended (as amended by Stats. 2011, Ch. 56, Sec. 1) by Stats. 2020, Ch. 294, Sec. 2. (AB 2884) Effective September 29, 2020. Conditionally inoperative, on date prescribed in subd. (e). Repealed, by its own provisions, on January 1 following inoperative date. See later operative version, as amended by Sec. 3 of Stats. 2020, Ch. 294. Note: This section was added on Nov. 6, 1984, by initiative Prop. 37.