Bill
Bill > A03400
NY A03400
NY A03400Enacts the "emergency school relief act"; makes changes in the percentages for disposition of revenue from lottery prize account to increase the percentage directed to state aid for education funding.
summary
Introduced
02/03/2023
02/03/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to enacting the "emergency school relief act of 2023"
AI Summary
This bill, known as the "emergency school relief act of 2023", amends the tax law to increase the percentage of revenue from the lottery prize account that is directed to state aid for education funding. Specifically, it decreases the percentage of total ticket sales revenue that goes to the lottery prize fund for certain lottery games, such as the Daily Numbers Game and Pick 10, from 50-55% to 35-40%. The additional revenue generated from these changes will be directed to state aid for education funding.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A3400 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A03400&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A03400 |
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