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Bill > HB57


MS HB57

MS HB57
Lottery and gaming fees; revise distribution to State Highway Fund and Education Enhancement Fund.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead
02/04/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act To Amend Section 27-115-85, Mississippi Code Of 1972, To Require All Lottery Proceeds To Be Deposited Into The State Highway Fund And The Education Enhancement Fund; To Amend Section 75-76-129, Mississippi Code Of 1972, To Delete The Reverter On The Provision Of Law Requiring Certain Fees Collected Under The Mississippi Gaming Control Act As A Result Of Wagers On Sporting Events To Be Deposited Into The State Highway Fund And Used Solely For The Repair And Maintenance Of State Highways And Bridges; To Bring Forward Section 27-115-51, Mississippi Code Of 1972, Which Provides For The Deposit Of Sales From Lottery Tickets, For Purposes Of Amendment; And For Related Purposes.

AI Summary

This bill modifies how lottery and gaming proceeds are distributed in Mississippi by making several key changes. Specifically, the legislation permanently removes the previous time-limited provision that was set to expire in 2028 and instead mandates that all net proceeds from the Alyce G. Clarke Mississippi Lottery will be paid into the State Highway Fund, with priority given to matching federal highway infrastructure program funds. If lottery proceeds exceed $80 million in a fiscal year, the additional amount will be transferred to the Education Enhancement Fund to support educational initiatives like the Early Childhood Learning Collaborative and the Classroom Supply Fund. Additionally, the bill removes the previous reverter clause for gaming fees collected from sporting event wagers, ensuring that these fees will continue to be deposited into the State Highway Fund for highway and bridge repair and maintenance. The changes are designed to provide consistent, long-term funding for transportation infrastructure and educational programs. The bill is set to take effect on July 1, 2025, providing a clear timeline for implementation of these new funding mechanisms.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Committee (on 02/04/2025)

bill text


bill summary

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