2138                                    LAWS OF MARYLAND                                 Ch. 516

Approved May 19, 1981.

CHAPTER 517

(Senate Bill 164)

AN ACT concerning

State Lottery - State Lottery Fund

FOR the purpose of changing the formula for distribution of
funds in the weekly game to coincide with the formula
used for distribution of funds in the daily game.

BY repealing and reenacting, with amendments,

Article 88D - State Lottery

Section 20(b)

Annotated Code of Maryland

(1979 Replacement Volume and 1980 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 88D - State Lottery

20.

(b) From the fund, the Comptroller shall first pay for
the operation and administration of the lottery as
authorized in this article, including the expenses of the
Agency as allowed in the annual State budget, which payment
shall be prorated between daily and nondaily lottery games.

(1)  From the moneys in the fund, the Comptroller
shall establish a special reserve fund of $8,000,000 for the
operation of the daily lottery game to be used only if the
daily game's pay-out liabilities exceed its cash on hand.

(2)  The moneys remaining in the fund from any
[daily] lottery game shall be available for distribution to
the holders of winning tickets or shares; that portion of
the moneys which is not placed in the special reserve fund
or distributed to the holders of winning tickets or shares
shall be the State's share and shall be distributed as
provided in subsection (c) of this section.

[(2) Of the moneys remaining in the fund from
any nondaily lottery games, fifty percent (50%) shall be
distributed to the holders of winning tickets or shares; and
the other fifty percent (50%) shall be the State's share and
distributed as provided in subsection (c) of this section.]