[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
| [ Introduced ] | [ Engrossed ] | [ House Amendment 001 ] |
90_HB1802enr
20 ILCS 1605/15 from Ch. 120, par. 1165
20 ILCS 1605/27 from Ch. 120, par. 1177
20 ILCS 1605/18 rep.
Amends the Illinois Lottery Law. Provides that proceeds
from bonds purchased and interest accumulated as a result of
a grand prize multi-state game ticket that goes unclaimed
will be transferred upon the termination of the claim period
directly from the Deferred Lottery Prize Winners Trust Fund
to each respective multi-state partner state according to its
contribution ratio. Prohibits selling a lottery ticket or
share to a minor under 18 years of age. Prohibits purchasing
a lottery ticket or share for a minor under 18 years of age.
Prohibits making a gift of a lottery ticket or share to a
minor under 18 years of age. Repeals the Section concerning
payment of prizes to persons under 18 years of age.
Effective immediately.
LRB9000368LDdvA
HB1802 Enrolled LRB9000368LDdvA
1 AN ACT to amend the Illinois Lottery Law by changing
2 Sections 15 and 27 and repealing Section 18.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Lottery Law is amended by
6 changing Sections 15 and 27 as follows:
7 (20 ILCS 1605/15) (from Ch. 120, par. 1165)
8 Sec. 15. No minor under 18 years of age shall buy a
9 lottery ticket or share. No person shall sell, distribute
10 samples of, or furnish a lottery ticket or share to any minor
11 under 18 years of age, buy a lottery ticket or share for any
12 minor under 18 years of age, or aid and abet in the purchase
13 of lottery tickets or shares by a minor under 18 years of
14 age. No ticket or share shall be sold to any person under
15 the age of 18, but this Section does not prohibit the
16 purchase of a ticket or share for the purpose of making a
17 gift by a person 18 years of age or older to any person of
18 any age. Any agent or employee of any agent who knowingly
19 sells or offers to sell a lottery ticket or share to any
20 person under the age of 18 shall be guilty of a Class B
21 misdemeanor; provided, that if any offense under this Section
22 is a subsequent offense, the offender shall be guilty of a
23 Class 4 felony.
24 No ticket or share shall be purchased by, and no prize
25 shall be paid to any of the following persons: any member of
26 the Board or any officer or other person employed by the
27 Board or by the Department; or to any spouse, child, brother,
28 sister or parent residing as a member of the same household
29 in the principal place of abode of any such persons; or any
30 minor under 18 years of age.
31 Any violation of this Section by a person other than the
HB1802 Enrolled -2- LRB9000368LDdvA
1 purchasing minor prohibition shall be a Class B misdemeanor;
2 provided, that if any violation of this Section prohibition
3 is a subsequent violation, the offender shall be guilty of a
4 Class 4 felony. Notwithstanding any provision to the
5 contrary, a violation of this Section by a minor under 18
6 years of age shall be a petty offense.
7 (Source: P.A. 84-1128.)
8 (20 ILCS 1605/27) (from Ch. 120, par. 1177)
9 Sec. 27. (a) The State Treasurer may, with the consent
10 of the Director, contract with any person or corporation,
11 including, without limitation, a bank, banking house, trust
12 company or investment banking firm, to perform such financial
13 functions, activities or services in connection with
14 operation of the lottery as the State Treasurer and the
15 Director may prescribe.
16 (b) All proceeds from investments made pursuant to
17 contracts executed by the State Treasurer, with the consent
18 of the Director, to perform financial functions, activities
19 or services in connection with operation of the lottery,
20 shall be deposited and held by the State Treasurer as
21 ex-officio custodian thereof, separate and apart from all
22 public money or funds of this State in a special trust fund
23 outside the State treasury. Such trust fund shall be known as
24 the "Deferred Lottery Prize Winners Trust Fund", and shall be
25 administered by the Director.
26 The Director shall, at such times and in such amounts as
27 shall be necessary, prepare and send to the State Comptroller
28 vouchers requesting payment from the Deferred Lottery Prize
29 Winners Trust Fund to deferred prize winners, in a manner
30 that will insure the timely payment of such amounts owed.
31 This Act shall constitute an irrevocable appropriation of
32 all amounts necessary for that purpose, and the irrevocable
33 and continuing authority for and direction to the Director
HB1802 Enrolled -3- LRB9000368LDdvA
1 and the State Treasurer to make the necessary payments out of
2 such trust fund for that purpose.
3 (c) Moneys invested pursuant to subsection (a) of this
4 Section may be invested only in bonds, notes, certificates of
5 indebtedness, treasury bills, or other securities
6 constituting direct obligations of the United States of
7 America and all securities or obligations the prompt payment
8 of principal and interest of which is guaranteed by a pledge
9 of the full faith and credit of the United States of America.
10 Interest earnings on moneys in the "Deferred Lottery Prize
11 Winners Trust Fund" shall remain in such fund and be used to
12 pay the winners of lottery prizes deferred as to payment
13 until such obligations are discharged. Proceeds from bonds
14 purchased and interest accumulated as a result of a grand
15 prize multi-state game ticket that goes unclaimed will be
16 transferred after the termination of the relevant claim
17 period directly from the lottery's Deferred Lottery Prize
18 Winners Trust Fund to each respective multi-state partner
19 state according to its contribution ratio.
20 (c-5) If a deferred lottery prize is not claimed within
21 the claim period established by game rule, then the
22 securities or other instruments purchased to fund the prize
23 shall be liquidated and the liquidated amount shall be
24 transferred to the State Lottery Fund for disposition
25 pursuant to Section 19 of this Act.
26 (c-10) The Director may use a portion of the moneys in
27 the Deferred Lottery Prize Winners Trust Fund to purchase
28 bonds to pay a lifetime prize if the prize duration exceeds
29 the length of available securities. If the winner of a
30 lifetime prize exceeds his or her life expectancy as
31 determined using actuarial assumptions and the securities or
32 moneys set aside to pay the prize have been exhausted, moneys
33 in the State Lottery Fund shall be used to make payments to
34 the winner for the duration of the winner's life.
HB1802 Enrolled -4- LRB9000368LDdvA
1 (c-15) From time to time, the Director may request that
2 the State Comptroller transfer any excess moneys in the
3 Deferred Lottery Prize Winners Trust Fund to the Lottery
4 Fund.
5 (d) This amendatory Act of 1985 shall be construed
6 liberally to effect the purposes of the Illinois Lottery Law.
7 (Source: P.A. 88-676, eff. 12-14-94; 89-466, eff. 6-13-96.)
8 (20 ILCS 1605/18 rep.)
9 Section 10. The Illinois Lottery Law is amended by
10 repealing Section 18.
11 Section 99. Effective date. This Act takes effect upon
12 becoming law.