Illinois Compiled Statutes 20 ILCS 1605/21.15 – Scratch-off for United Negro College Fund Illinois
Current as of: 2024 | Check for updates
|
Other versions
(a) The Department shall offer a special instant scratch-off game for the benefit of United Negro College Fund Illinois in support of educational scholarships to university and college students. The game shall commence on January 1, 2024 or as soon thereafter, at the discretion of the Director, as is reasonably practical. The operation of the game shall be governed by this Act and any rules adopted by the Department. The Department must consult with UNCF Illinois regarding the design and promotion of the game.
(b) The UNCF Scholarship Fund is created as a special fund in the State treasury. The net revenue from the special instant scratch-off game sold for the benefit of the United Negro College Fund Illinois in support of education scholarships to university and college students shall be deposited into the fund for appropriation by the General Assembly solely to the Student Assistance Commission for the purpose of funding UNCF Illinois Scholarship awards to university and college students. Funding shall be used solely for scholarship awards and not to cover any administrative costs of the United Negro College Fund, Inc., a 501(c)(3) nonprofit recipient organization.
Moneys received for the purposes of this Section, including, without limitation, net revenue from the special instant scratch-off game and from gifts, grants, and awards from any public or private entity, must be deposited into the fund. Any interest earned on moneys in the fund must be deposited into the fund. For the purposes of this subsection, “net revenue” means the total amount for which tickets have been sold less the sum of the amount paid out in the prizes and to retailers and direct and estimated administrative expenses of the Department solely related to the scratch-off game under this Section.
(c) During the time that tickets are sold for the special instant scratch-off game that benefits the United Negro College Fund Illinois in support of education scholarships to university and college students, the Department shall not unreasonably diminish the efforts devoted to marketing any other instant scratch-off lottery game.
(d) The Department may adopt any rules necessary to implement and administer the provisions of this Section.
(b) The UNCF Scholarship Fund is created as a special fund in the State treasury. The net revenue from the special instant scratch-off game sold for the benefit of the United Negro College Fund Illinois in support of education scholarships to university and college students shall be deposited into the fund for appropriation by the General Assembly solely to the Student Assistance Commission for the purpose of funding UNCF Illinois Scholarship awards to university and college students. Funding shall be used solely for scholarship awards and not to cover any administrative costs of the United Negro College Fund, Inc., a 501(c)(3) nonprofit recipient organization.
Terms Used In Illinois Compiled Statutes 20 ILCS 1605/21.15
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
Moneys received for the purposes of this Section, including, without limitation, net revenue from the special instant scratch-off game and from gifts, grants, and awards from any public or private entity, must be deposited into the fund. Any interest earned on moneys in the fund must be deposited into the fund. For the purposes of this subsection, “net revenue” means the total amount for which tickets have been sold less the sum of the amount paid out in the prizes and to retailers and direct and estimated administrative expenses of the Department solely related to the scratch-off game under this Section.
(c) During the time that tickets are sold for the special instant scratch-off game that benefits the United Negro College Fund Illinois in support of education scholarships to university and college students, the Department shall not unreasonably diminish the efforts devoted to marketing any other instant scratch-off lottery game.
(d) The Department may adopt any rules necessary to implement and administer the provisions of this Section.