SB 420 — HOPE Scholarships; provide lottery proceeds appropriated proportionally by the regions; definition
Senate Read and Referred
A BILL to be entitled an Act to amend Part 7 of Article 7 of Chapter 3 of Title 20 of the O.C.G.A., relating to HOPE scholarships and grants, to provide a definition; to provide that lottery proceeds used for HOPE scholarships and grants shall be appropriated proportionally by the regions from which such funds were derived and such funds shall be used to fund HOPE scholarships and grants only for students who are residents of such regions; to amend Article 1 of Chapter 27 of Title 50 of the O.C.G.A., relating to general provisions relative to the "Georgia Lottery for Education Act," so as to require the Georgia Lottery Corporation to maintain records on the source of lottery funds and report such funds by region; to provide for related matters; to repeal conflicting laws; and for other purposes.
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