Illinois Compiled Statutes 20 ILCS 1605/21.16 – Illinois DREAM scratch-off
Current as of: 2024 | Check for updates
|
Other versions
(a) The Department shall offer a special Illinois DREAM instant scratch-off game for the benefit of the Illinois DREAM Fund Commission. The new revenue from the Illinois DREAM scratch-off game shall be deposited into the Illinois DREAM Fund, a special fund that is created in the State treasury. Subject to appropriation, money in the Illinois DREAM Fund shall be used to assist in funding scholarships and other statutory responsibilities of the Illinois DREAM Fund Commission. The game shall commence on January 1, 2024 or as soon thereafter as is reasonably practical. The Department shall consult with the Illinois DREAM Fund Commission established under Section 67 of the Higher Education Student Assistance Act regarding the design and promotion of the game.
(b) The operation of any games under this Section shall be governed by this Act, and any rules shall be adopted by the Department.
(c) For purposes of this Section, “net revenue” means the total amount for which tickets have been sold less the sum of the amount paid out in prizes and the actual administrative expenses of the Department solely related to the Illinois DREAM scratch-off game.
(d) During the time that tickets are sold for the Illinois DREAM scratch-off game, the Department shall not unreasonably diminish the efforts devoted to marketing any other instant scratch-off lottery game.
(e) The Department may adopt any rules necessary to implement and administer this Section in consultation with the Illinois DREAM Fund Commission.
(b) The operation of any games under this Section shall be governed by this Act, and any rules shall be adopted by the Department.
Terms Used In Illinois Compiled Statutes 20 ILCS 1605/21.16
- 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
(c) For purposes of this Section, “net revenue” means the total amount for which tickets have been sold less the sum of the amount paid out in prizes and the actual administrative expenses of the Department solely related to the Illinois DREAM scratch-off game.
(d) During the time that tickets are sold for the Illinois DREAM scratch-off game, the Department shall not unreasonably diminish the efforts devoted to marketing any other instant scratch-off lottery game.
(e) The Department may adopt any rules necessary to implement and administer this Section in consultation with the Illinois DREAM Fund Commission.