HB 2131 -- Governor Nixon's Federal Scratch-Off, Match-Off Fund

Sponsor:  Parkinson

This bill requires a $2 deduction each pay period from the
Governor's personal pay to be deposited into the newly created
Governor Nixon's Federal Scratch-Off, Match-Off Fund.  One dollar
from the fund will be used to purchase a Powerball lottery ticket
each week on behalf of the citizens of the state.  Any winnings
collected must be deposited into the fund until it exceeds $300
million.  At that time, the Governor is authorized to dissolve
the fund and transfer the moneys to the General Revenue Fund for
the purpose of filling any budget shortfall.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm