An Act Authorizing an Instant Lottery Game with Proceeds To Benefit Early Childhood Education
Sec. 1. 8 MRSA §374, sub-§6 is enacted to read:
Sec. 2. 8 MRSA §387, sub-§1, ¶C, as amended by PL 1995, c. 494, §5, is further amended to read:
Sec. 3. 8 MRSA §387, sub-§1, ¶D, as amended by PL 2003, c. 414, Pt. B, §18 and affected by c. 614, §9, is further amended to read:
Sec. 4. 8 MRSA §387, sub-§1, ¶E is enacted to read:
Sec. 5. 20-A MRSA §4271, sub-§3, as enacted by PL 2013, c. 581, §3, is amended to read:
Sec. 6. 20-A MRSA §4272 is enacted to read:
§ 4272. Early Childhood Education Fund
The Early Childhood Education Fund, referred to in this section as "the fund," is established for the purpose of providing grant funding for public preschool programs that is disbursed in accordance with section 4271. The fund consists of revenues received pursuant to Title 8, section 387 and any funds received as contributions from private and public sources. The fund must be held separate and apart from all other money, funds and accounts. Eligible investment earnings credited to the assets of the fund become part of the assets of the fund. Any balance remaining in the fund at the end of any fiscal year must be carried forward to the next fiscal year.
summary
This bill directs the Department of Administrative and Financial Services, the State Liquor and Lottery Commission to develop an early childhood education lottery game. Proceeds from the lottery game will be used to fund the Early Childhood Education Fund, which is established for the purpose of providing grant funding for public preschool programs.