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Introduced Version House Bill 3065 History

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hb3065 intr
H. B. 3065


(By Delegates Swartzmiller and Stemple)
[Introduced
March 16, 2005 ; referred to the
Committee on the Judiciary.]




A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §29-22-9c, relating to the lottery; providing for an instant scratch-off lottery ticket game to benefit deputy sheriffs; creating a special fund within the State Treasury for the deputy sheriffs' lottery ticket proceeds; appropriating the deputy sheriffs' lottery ticket proceeds for a specific purpose; requiring the Lottery Commission to change the design of the ticket on a regular basis; and requiring the State Consolidated Public Retirement Board to annually report to the Joint Committee on Government and Finance.

Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §29-22-9c, to read as follows:
ARTICLE 22. STATE LOTTERY ACT.
§29-22-9c. Deputy Sheriffs instant lottery scratch-off game.

(a) Beginning the first day of September, two thousand five, the Lottery Commission shall establish and offer an instant lottery ticket scratch-off game designated as the deputy sheriffs' benefit game.
(b) Notwithstanding the provisions of section eighteen of this article, and subject to the provisions of subsection (c) of this section, all net profits received from the sale of deputy sheriffs' benefit game lottery tickets, materials and games shall be deposited with the State Treasurer in the deputy sheriffs' lottery fund, created under this section.
(c) The State Consolidated Public Retirement Board is hereby authorized to use the proceeds from the deputy sheriffs' lottery fund as follows:
One hundred percent of the annual proceeds shall be disbursed, as established by rule proposed for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code, by the State Consolidated Public Retirement Board to the Deputy Sheriffs' Retirement System Pension Fund.
(d) Before appropriation of any of the net profits derived from the deputy sheriffs' benefit game for the uses set forth in this section, the Legislature shall first determine that the state has met all debt obligations for which lottery profits have been pledged for that fiscal year.
(e) There is hereby created in the State Treasury a special revenue fund designated as the deputy sheriffs' lottery fund which shall consist of all revenues derived from the deputy sheriffs' benefit game, any appropriations to the fund by the Legislature and all interest earned from investment of the fund and any gifts, grants or contributions received by the fund. Revenues received by the deputy sheriffs' lottery fund shall be deposited in the West Virginia Consolidated Investment Pool with the West Virginia Investment Management Board, with the interest income a proper credit to the fund.
(f) The Lottery Commission shall change the design or theme of the deputy sheriffs' benefit game regularly so that the game remains competitive with the other instant lottery scratch-off games offered by the Lottery Commission. The tickets for the instant lottery game, created in this section, shall clearly state that the profits derived from the game are being used to benefit deputy sheriffs' in this state.
(g) The State Consolidated Public Retirement Board shall annually report to the Joint Committee on Government and Finance on how the proceeds from the deputy sheriffs' benefit game are being used and disbursed.

Note: The purpose of this bill is to establish an instant lottery game with the proceeds to be paid to the Deputy Sheriffs' Retirement System Pension Fund.

This section is new; therefore, strike-throughs and underscoring have been omitted.
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