Bill > SB738

This bill modifies how unclaimed lottery prize money is allocated in Texas, adding a new priority for distributing funds. Specifically, after setting aside money for state health services, border area hospital services, and veterans' assistance, the bill now allows up to $5 million in unclaimed lottery prize money each state fiscal year to be deposited into the general revenue fund and appropriated exclusively for funding child-care services through the Texas Workforce Commission. The changes will apply only to lottery prizes where the winner was selected on or after the bill's effective date of September 1, 2025. The bill preserves existing allocation priorities for previous unclaimed prizes and ensures that any remaining unclaimed prize money not allocated through the specified channels will continue to be credited to the foundation school fund. This modification aims to provide additional financial support for child-care services in Texas by utilizing unclaimed lottery winnings.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB738