Bill Text: TX HB4034 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the use of money in the state lottery account for education.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-03-21 - Referred to Appropriations [HB4034 Detail]
Download: Texas-2019-HB4034-Introduced.html
86R13944 BEE-D | ||
By: Dominguez | H.B. No. 4034 |
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relating to the use of money in the state lottery account for | ||
education. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 466.355, Government Code, is amended by | ||
adding Subsection (d) to read as follows: | ||
(d) Notwithstanding any other provision of this section, | ||
not less than 50 percent of the total revenue received from the sale | ||
of tickets and license and application fees under this chapter | ||
shall be deposited to the credit of the foundation school fund. | ||
SECTION 2. Section 466.355, Government Code, as amended by | ||
this Act, applies only to a transfer from the state lottery account | ||
made on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect September 1, 2019. |