Today's Law As Amended


Bill PDF |Add To My Favorites | print page

SB-818 California State Lottery.(2021-2022)



As Amends the Law Today


SECTION 1.

 Section 8880.43.1 is added to the Government Code, to read:

8880.43.1.
 (a) At least once every five years, the director shall conduct a study to determine the optimal prize payout range to maximize the amount of funding allocated to public education each year by the lottery.
(b) Commencing with the 2021–22 fiscal year, consistent with subdivision (a) of Section 8880.4, the commission shall use the optimal prize payout range to set the lottery’s budget each fiscal year.