Public Act 90-0603 of the 90th General Assembly

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Public Act 90-0603

SB1356 Enrolled                               LRB9007818LDmbA

    AN ACT to amend the  Illinois  Lottery  Law  by  changing
Section 20.

    Be  it  enacted  by  the People of the State of Illinois,
represented in the General Assembly:

    Section 5.   The  Illinois  Lottery  Law  is  amended  by
changing Section 20 as follows:

    (20 ILCS 1605/20) (from Ch. 120, par. 1170)
    Sec.  20.   There  is  created  in  the  State Treasury a
special fund to be known as the "State  Lottery  Fund".  Such
fund shall consist of all revenues received from (1) the sale
of  lottery  tickets  or  shares,  (net  of commissions, fees
representing those expenses that are  directly  proportionate
to  the  sale of tickets or shares at the agent location, and
prizes of less than $600 which have been validly paid at  the
agent level), (2) application fees, and (3) all other sources
including  moneys  credited  or  transferred thereto from any
other fund or source pursuant to law.  Interest  earnings  of
the State Lottery Fund shall be credited to the Common School
(Source: P.A. 84-215.)

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