Bill
HB 25-1215
Overview: HB 25-1215, Redistribution of Lottery Fund, was signed into law by the Governor. It was introduced on February 11, 2025.Purpose and Intent: The bill aims to restructure t
Overview: HB 25-1215, Redistribution of Lottery Fund, was signed into law by the Governor. It was introduced on February 11, 2025.
Purpose and Intent: The bill aims to restructure the allocation of state lottery funds to better support public education and community development initiatives.
Key Provisions:
- Increases the percentage of lottery revenue directed to the Public School Fund from 50% to 60%
- Establishes a new Community Development Fund, allocating 15% of lottery proceeds to support local infrastructure, affordable housing, and economic revitalization projects
- Reduces the amount allocated to the Conservation Trust Fund from 40% to 25% of total lottery revenue
Affected Parties and Impacts:
- Public schools will receive a larger share of lottery funding to support educational programs and facilities
- Local governments and community organizations will have access to new funding for development projects
- Conservation efforts may see reduced funding, potentially impacting environmental protection and outdoor recreation initiatives
Procedural and Timeline Considerations: The bill has been signed into law by the Governor and is now in effect.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
