Senate File 328 - Introduced SENATE FILE 328 BY COMMITTEE ON STATE GOVERNMENT (SUCCESSOR TO SSB 1209) A BILL FOR An Act authorizing lottery games to benefit special olympics 1 programs. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 2480SV (1) 85 ec/rj
S.F. 328 Section 1. Section 8.8, Code 2013, is amended to read as 1 follows: 2 8.8 Special olympics fund —— appropriation. 3 1. A special olympics fund is created in the office of 4 the treasurer of state under the control of the department 5 of management. There The fund consists of all moneys 6 transferred or appropriated to the fund. In addition, there 7 is appropriated annually from the general fund of the state to 8 the special olympics fund fifty thousand dollars to be used for 9 the purposes of the fund. 10 2. Moneys in the fund shall be for distribution to one or 11 more organizations which administer special olympics programs 12 benefiting the citizens of Iowa with disabilities. 13 3. Moneys in the special olympics fund are not subject to 14 section 8.33. Notwithstanding section 12C.7, subsection 2, 15 interest or earnings on moneys in the special olympics fund 16 shall be credited to the fund. 17 Sec. 2. NEW SECTION . 99G.9B Limited series of lottery games 18 to benefit special olympics programs. 19 The chief executive officer, in consultation with the board, 20 shall develop and conduct one additional instant scratch 21 lottery game annually to provide moneys for the benefit of 22 special olympics programs. The moneys received from the sale 23 of tickets for the lottery game shall be deposited in a special 24 account in the lottery fund. Notwithstanding section 99G.39, 25 after payment of the prizes, the remaining moneys shall be 26 transferred to the special olympics fund established pursuant 27 to section 8.8. 28 EXPLANATION 29 This bill provides that the chief executive officer of the 30 lottery authority shall develop and conduct one additional 31 instant scratch lottery game annually for the benefit of 32 special olympics programs. Moneys received from the games, 33 less prizes, shall be transferred to the special olympics fund 34 created in Code section 8.8, and may be distributed to one or 35 -1- LSB 2480SV (1) 85 ec/rj 1/ 2
S.F. 328 more organizations which administer special olympic programs 1 for Iowans with disabilities. 2 -2- LSB 2480SV (1) 85 ec/rj 2/ 2