Bill > HB2366

This bill modifies how lottery revenues from video lottery games are transferred to counties for economic development. Currently, 2.5 percent of net forecasted video lottery game receipts are distributed to counties, with 90 percent allocated proportionally based on each county's gross video lottery game receipts and 10 percent distributed equally among counties. The bill introduces a new mechanism to reconcile differences between forecasted and actual video lottery revenues at the end of each biennium. If the actual revenues differ from the forecasted amounts, the Department of Administrative Services will either disburse additional funds to counties that received less than they should have or reduce future disbursements to counties that received more than they should have. The bill also shifts responsibility for determining transfer amounts from the Oregon State Lottery Commission to the Department of Administrative Services. Additionally, the bill defines new terms like "net forecasted receipts" and establishes that these changes will become operative on July 1, 2026, with the overall act taking effect 91 days after the adjournment of the 2025 legislative session.

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2366