Lottery Proceeds Fund
Amends
Article X. Taxation and Finance
Section 7-A. Lottery Proceeds Fund; distribution of lottery revenues
Summary
This measure establishes a Lottery Proceeds Fund, to be used to provide additional funding for public education.
Shall the Constitution of Virginia be amended to provide for a Lottery Proceeds Fund and the distribution of net lottery revenues to the localities to spend for public education?
- First resolution – SJ460 – 1999
- Second resolution – HJ121 – 2000
- Referendum legislation – SB546 – 2000
Article X. Taxation and Finance
Section 7-A. Lottery Proceeds Fund; distribution of lottery revenues
The General Assembly shall establish the Lottery Proceeds Fund. The Fund shall consist of the net revenues of any lottery conducted by the Commonwealth. Lottery proceeds shall be appropriated from the Fund to the Commonwealth’s counties, cities and towns, and the school divisions thereof, to be expended for the purposes of public education.
Any county, city, or town which accepts a distribution from the Fund shall provide its portion of the cost of maintaining an educational program meeting the standards of quality prescribed pursuant to Section 2 of Article VIII of this Constitution without the use of distributions from the Fund.
The General Assembly shall enact such laws as may be necessary to implement the Fund and the provisions of this section.
The General Assembly may appropriate amounts from the Fund for other purposes only by a vote of four-fifths of the members voting in each house, the name of each member voting and how he voted to be recorded in the journal of the house.
https://law.lis.virginia.gov/constitution/article10/section7-A/
Additional Resources