SB 373 — "HOPE Chest Act"; enact; require net proceeds equal at least 35 percent of lottery proceeds
Senate Read and Referred
A BILL to be entitled an Act to amend Article 1 of Chapter 27 of Title 50 of the Official Code of Georgia Annotated, relating to general provisions regarding the lottery, so as to enact the "HOPE Chest Act"; to require that net proceeds equal at least 35 percent of lottery proceeds; to require the Georgia Lottery Corporation to submit certain financial reports to the legislative oversight committee; to require the legislative oversight committee to meet quarterly to review the operations of the Georgia Lottery Corporation; to provide for related matters; to repeal conflicting laws; and for other purposes.
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