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2014 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to a lottery savings game; declaring an emergency.
Catchline/Summary: Directs Oregon State Lottery to convene work group to study and make recommendations regarding feasibility of allowing financial institutions to offer prize-linked savings accounts under authority of Oregon State Lottery.
Directs Oregon State Lottery to establish pilot program to operate lottery savings game in which players may win randomly awarded prizes of interest or earnings. Establishes Oregon State Lottery Savings Game Trust Fund for receipt of savings invested by players of lottery savings game. Continuously appropriates moneys in fund to Director of Oregon State Lottery. Authorizes discrete investment of moneys received from players of lottery savings game. Sunsets pilot program on ___. Requires work group to report to appropriate interim committees of Legislative Assembly on or before December 15, 2014. Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: Joint Committee On Ways and Means
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events