SF 328 (LSB 2480SV (1) 85)

SENATE FILE 328

BY  COMMITTEE ON STATE GOVERNMENT

(SUCCESSOR TO SSB 1209)

A BILL FOR

An Act authorizing lottery games to benefit special olympics programs.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 8.8, Code 2013, is amended to read as follows:
   8.8  Special olympics fund —— appropriation.
   1.  A special olympics fund is created in the office of the treasurer of state under the control of the department of management. There
 
The fund consists of all moneys transferred or appropriated to the fund. In addition, there is appropriated annually from the general fund of the state to the special olympics fund fifty thousand dollars
 
to be used for
 
the purposes of the fund.
   2.  Moneys in the fund shall be for
 
distribution to one or more organizations which administer special olympics programs benefiting the citizens of Iowa with disabilities.
   3.  Moneys in the special olympics fund are not subject to section 8.33. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the special olympics fund shall be credited to the fund.
    Sec. 2.  NEW SECTION.  99G.9B  Limited series of lottery games to benefit special olympics programs.
   The chief executive officer, in consultation with the board, shall develop and conduct one additional instant scratch lottery game annually to provide moneys for the benefit of special olympics programs. The moneys received from the sale of tickets for the lottery game shall be deposited in a special account in the lottery fund. Notwithstanding section 99G.39, after payment of the prizes, the remaining moneys shall be transferred to the special olympics fund established pursuant to section 8.8.
EXPLANATION
   This bill provides that the chief executive officer of the lottery authority shall develop and conduct one additional instant scratch lottery game annually for the benefit of special olympics programs. Moneys received from the games, less prizes, shall be transferred to the special olympics fund created in Code section 8.8, and may be distributed to one or more organizations which administer special olympic programs for Iowans with disabilities.