The California Senate Committee on Governmental Organization proposes raising the threshold for immediate lottery prize payments from $1,000 to $100,000, allowing the California State Lottery to expedite larger prize disbursements through its revolving fund.
The measure modifies the California State Lottery Act of 1984 by permitting immediate payment for prizes up to $100,000, provided the California State Lottery Commission adopts supporting regulations. Under current law, only prizes of $1,000 or less qualify for immediate payment. The lottery must maintain records of all expedited payments and comply with existing reporting requirements. Funds for these payments continue to be drawn from the State Lottery Fund's continuous appropriation, requiring no additional budget allocation.
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The California Senate Committee on Governmental Organization proposes raising the threshold for immediate lottery prize payments from $1,000 to $100,000, allowing the California State Lottery to expedite larger prize disbursements through its revolving fund.
The measure modifies the California State Lottery Act of 1984 by permitting immediate payment for prizes up to $100,000, provided the California State Lottery Commission adopts supporting regulations. Under current law, only prizes of $1,000 or less qualify for immediate payment. The lottery must maintain records of all expedited payments and comply with existing reporting requirements. Funds for these payments continue to be drawn from the State Lottery Fund's continuous appropriation, requiring no additional budget allocation.
| Ayes | Noes | NVR | Total | Result |
|---|---|---|---|---|
| 74 | 0 | 5 | 79 | PASS |
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