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 million of the lottery fund to the outdoor equity fund, the next $4 million to the public school capital construction assistance fund, and any remaining money as follows:
- 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.
(Note: This summary applies to this bill as introduced.)