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ROBERT L. EHRLICH, JR., Governor
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S.B. 225
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(VII) 1. A CONTRACT OF ASSIGNMENT IN WHICH THE ASSIGNOR IS
A LOTTERY WINNER SHALL INCLUDE A SWORN AFFIDAVIT PROVIDED BY THE
AGENCY AND COMPLETED BY THE ASSIGNEE.
2. THE AFFIDAVIT SHALL INCLUDE:
A. A SUMMARY OF ASSIGNEE CONTACTS WITH THE WINNER;
B. A SUMMARY OF ANY COMPLAINTS, LAWSUITS, CLAIMS, OR
OTHER LEGAL ACTIONS FROM LOTTERY WINNERS REGARDING CONDUCT OF THE
ASSIGNEE OR ITS AGENTS;
C. A STATEMENT THAT THE ASSIGNEE IS REGISTERED TO DO
BUSINESS IN THE STATE AND IS IN GOOD STANDING WITH THE DEPARTMENT OF
ASSESSMENTS AND TAXATION AND ANY OTHER LICENSING OR REGULATORY UNIT
WHOSE APPROVAL IS REQUIRED IN THE CONDUCT OF THE ASSIGNEE'S BUSINESS;
D. A BRIEF BUSINESS HISTORY OF THE ASSIGNEE;
E. A DESCRIPTION OF THE BUSINESS OF THE ASSIGNEE; AND
F. A STATEMENT OF THE ASSIGNEE'S PRIVACY AND
NONHARASSMENT POLICIES AND EXPRESS AFFIRMATION THAT THE ASSIGNEE HAS
FOLLOWED THOSE POLICIES IN THE STATE.
3. THE AFFIDAVIT SHALL BE PROVIDED ONLY BY THE
ASSIGNEE WHO ENTERS INTO THE CONTRACT WITH THE LOTTERY WINNER OR THE
ESTATE OF A LOTTERY WINNER
(VIII) THE ASSIGNEE SHALL NOTIFY THE AGENCY OF ITS BUSINESS
LOCATION AND MAILING ADDRESS FOR PAYMENT PURPOSES AND OF ANY CHANGE
IN LOCATION OR ADDRESS DURING THE ENTIRE COURSE OF THE ASSIGNMENT.
(LX) AN ASSIGNMENT MAY BE MADE BY A HUSBAND AND WIFE WHO
ARE CO-OWNERS OF A PRIZE ONLY IF THEY JOINTLY ASSIGN THE PRIZE TO AN
ASSIGNEE.
(X) 1. A COURT ORDER OR A COMBINATION OF COURT ORDERS
UNDER THIS SECTION MAY NOT REQUIRE THE AGENCY TO DIVIDE A SINGLE PRIZE
PAYMENT AMONG MORE THAN THREE DIFFERENT PERSONS.
2. THIS SECTION DOES NOT PROHIBIT THE SUBSTITUTION
OF ASSIGNEES AS LONG AS THERE ARE NOT MORE THAN THREE ASSIGNEES AT ANY
ONE TIME FOR ANY ONE PRIZE PAYMENT.
(XI) IF THE INTERNAL REVENUE SERVICE OR A COURT OF
COMPETENT JURISDICTION ISSUES A DETERMINATION LETTER, REVENUE RULING,
OR OTHER PUBLIC DOCUMENT DECLARING THAT THE VOLUNTARY ASSIGNMENT OF
PRIZES WILL AFFECT THE FEDERAL INCOME TAX TREATMENT OF LOTTERY PRIZE
WINNERS WHO DO NOT ASSIGN THEIR PRIZES:
1. THE DIRECTOR OF THE AGENCY SHALL IMMEDIATELY
FILE A COPY OF THE DOCUMENT WITH THE ATTORNEY GENERAL; AND
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