§ 27-115-89. Reports; annual audit by independent auditor
To ensure the financial integrity of the lottery, the corporation through its board shall: Compile and submit quarterly and annual reports and financial statements, in compliance with Sections 27-115-19(3)(b) and 27-115-41; Contract with an independent auditor who is a certified public accountant or firm to conduct an annual financial audit of the books and records […]
§ 27-115-91. Informational submission of annual operating budget to Joint Legislative Budget Commission
For informational purposes only, the corporation shall submit to the Joint Legislative Budget Committee a copy of the corporation’s annual operating budget for the upcoming fiscal year. The budget shall include an estimate of net proceeds to be deposited into the State Highway Fund during the succeeding fiscal year.
§ 27-117-1. Short title
This chapter shall be known and may be cited as the “Israel Support Act of 2019.”
§ 27-117-3. Definitions
As used in this chapter, the following words and phrases shall have the meanings ascribed in this section unless the context clearly indicates otherwise: “Boycott Israel” or “boycott of Israel” means refusing to deal, terminating business activities, or taking other actions to limit commercial relations with Israel, or persons or entities doing business in Israel […]
§ 27-117-5. Duties of the Executive Director of the Department of Finance and Administration
Before December 31, 2019, the Executive Director of the Department of Finance and Administration shall develop or contract to develop, using credible information available to the public, a list of companies determined to engage in a boycott of Israel, as described in this section. When completed, the list must be posted on the website of […]
§ 27-115-41. Publication of quarterly and annual financial statements
The corporation shall publish quarterly and annual financial statements, which shall be made available to the public within thirty (30) days following the close of each quarter. The quarterly and annual financial statements shall include disposition of all funds expended by the corporation for any purpose, including disclosure of any major procurements.
§ 27-115-73. Sale of lottery tickets to or purchase by persons under the age of twenty-one prohibited; responsibility of lottery retailers to verify age of purchaser; penalties
No lottery retailer and no agent, associate, employee, representative or servant of any such person shall allow any illegal lottery device to be on its premises, nor shall any lottery retailer, agent, associate, employee, representative or servant sell a lottery ticket to any person unless the person submits any one (1) of the following forms […]
§ 27-115-43. Proceeds of certain lottery prizes subject to state and federal income tax withholding laws; withholding of attachments, garnishments or executions; verification of validity of winning tickets; payment of prizes; unclaimed prize money; persons prohibited from purchasing tickets or claiming prizes
Proceeds of any lottery prize of Six Hundred Dollars ($600.00) or more shall be subject to state and federal income tax withholding laws, as applicable. Any attachments, garnishments or executions authorized and issued pursuant to law shall also be withheld if timely served upon the process agent of the corporation. The board shall adopt administrative […]
§ 27-115-75. Prohibited acts; penalties
Any person, with intent to defraud, who falsely makes, alters, forges, utters, passes or counterfeits a state lottery ticket shall be punished by imprisonment for not less than one (1) year and not more than twenty (20) years, by a fine of not more than Fifty Thousand Dollars ($50,000.00), or by both such fine and […]
§ 27-115-45. Coordination with Department of Human Services to withhold lottery prizes of persons who have outstanding child support arrearages; coordination with state agencies to withhold lottery prizes of persons who have outstanding debts owed state
The board shall coordinate with the Department of Human Services to promulgate rules and regulations providing for the withholding of lottery prizes of persons who have outstanding child support arrearages as reported to the corporation, beginning at prize levels to be determined by the board. The corporation may require any agency reporting current child support […]