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| SPONSOR: | Kissner | DATE TYPED: | 02/03/00 | HB | 19 | ||
| SHORT TITLE: | Lottery Scholarships | SB | |||||
| ANALYST: | Williams | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY00 | FY01 | FY00 | FY01 | ||
| $ 15,000.0 | Lottery Tuition Fund | ||||
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 53, HB 71, HB 254, SB 114, SB 157, SB 253, HJM 2, HJM 9
SOURCES OF INFORMATION
Commission on Higher Education (CHE)
Office of Indian Affairs (OIA)
SUMMARY
Synopsis of Bill
Payments made to the state pursuant to revenue sharing agreements with Native American gaming tribes are effectively used for lottery tuition scholarships.
Significant Issues
Based on current projections of lottery revenues, CHE expects to reduce the amount of each tuition scholarship to an amount less than 100% of the cost of tuition beginning in FY01.
FISCAL IMPLICATIONS
The current General Fund revenue estimate includes $15,000.0 in recurring revenue for the state from revenue sharing agreements with Native American gaming tribes. Note according to the revenue sharing agreements, these tribes must pay 16% on adjusted net win as well as regulatory fees determined by the number of machines and tables.
AW/gm