SENATE BILL NO. 1309
September 17, 1998, Introduced by Senator JAYE and referred to the Committee on Appropriations. A bill to amend 1972 PA 382, entitled "Traxler-McCauley-Law-Bowman bingo act," by amending section 8 (MCL 432.108), as amended by 1981 PA 229. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 8. (1) All fees and revenue collected by the commis- 2 sioner or bureau under this act shall be paid into the state lot- 3 tery fund. All necessary expenses incurred by the bureau in the 4 administration and enforcement of this act and in the initiation, 5 implementation, and ongoing operation of charity games shall be 6 financed from the state lottery fund. The amount of these neces- 7 sary expenses shall not exceed the amount of revenues received 8 from the sale of charity game tickets and all fees collected 9 under this act. , except that this limitation shall not apply 10 before October 1, 1983. At EXCEPT AS PROVIDED IN 11 SUBSECTION (2), AT the end of each fiscal year all money, 05296'97 TLG 2 1 including interest, in the state lottery fund which THAT is 2 attributable to fees and revenue collected pursuant to UNDER 3 this act but which THAT has not been expended pursuant to this 4 section shall be deposited in the state general fund. 5 (2) AT THE END OF EACH FISCAL YEAR, ALL MONEY, INCLUDING 6 INTEREST, IN THE STATE LOTTERY FUND THAT IS ATTRIBUTABLE TO FEES 7 AND REVENUE DERIVED FROM CHARITY GAMES, LESS THE NECESSARY 8 EXPENSES INCURRED BY THE BUREAU IN THE INITIATION, IMPLEMENTA- 9 TION, AND ONGOING OPERATION OF CHARITY GAMES, SHALL BE DEPOSITED 10 IN THE SCHOOL AID FUND ESTABLISHED IN SECTION 11 OF ARTICLE IX OF 11 THE STATE CONSTITUTION OF 1963. 05296'97 Final page. TLG