1997 Session

Budget Amendments - SB700 (Committee Approved)

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Re-estimate of Lottery Proceeds (language only)

Item 3-1.01 #6s

Item 3-1.01 #6s

Interfund Transfers

Page 415, line 8, strike "$348,560,148" and insert "$331,100,000"
Page 415, line 9, strike "$345,518,316" and insert "$342,000,000"
Page 415, strike all of lines 16-19, and insert:
"Further, where practical, the Lottery Department shall lease its equipment, rather than make direct purchases."

(This amendment reduces the estimated transfers to the general fund by the Lottery Department by $17,460,148 in the first year and $3,518,316 in the second year, in keeping with the revised revenue estimate. It does not alter the requirement that the Lottery Department lease its equipment.)