Bill

Bill > HB502


AL HB502

Lotteries; Alabama Education Lottery Commission, further provided; Alabama Education Lottery Trust Fund established, administration and distribution of funds, provided; licensing of lottery reatilers, provided; state tax on lottery revenues, provided; education scholarship program, created.


summary

Introduced
03/15/2022
In Committee
03/15/2022
Crossed Over
Passed
Dead
04/07/2022

Introduced Session

Potential new amendment
Regular Session 2022

Bill Summary

Lotteries; Alabama Education Lottery Commission, further provided; Alabama Education Lottery Trust Fund established, administration and distribution of funds, provided; licensing of lottery reatilers, provided; state tax on lottery revenues, provided; education scholarship program, created.

AI Summary

This bill establishes the Alabama Education Lottery Commission to regulate the conduct of all lottery games in the state, as authorized by the state constitution. The bill creates the Alabama Education Lottery Trust Fund to receive proceeds from lottery games, with the funds to be used for various educational purposes, including scholarships and programs. The bill also provides for the licensing of lottery retailers, imposes a state tax on lottery revenues, and creates an education scholarship program. Overall, the bill aims to authorize and regulate a state lottery in Alabama, with the proceeds dedicated to educational initiatives.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Economic Development and Tourism first Amendment Offered (on 03/17/2022)

bill text


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