Iowa Code § 99G.38

Current through March 29, 2024

Section 99G.38 - Lottery finance - self-sustaining

1. The department may borrow, or accept and expend, in accordance with the provisions of this chapter, such moneys as may be received from any source, including income from the department's operations, for effectuating its business purposes under this chapter, including the payment of the initial expenses of initiation, administration, and operation of the department under this chapter and the lottery.

2. The department as it relates to the lottery shall be self-sustaining and self-funded. Moneys in the general fund of the state shall not be used or obligated to pay the expenses of the department under this chapter or prizes of the lottery, and no claim for the payment of an expense of the lottery or prizes of the lottery may be made against any moneys other than moneys credited to the department operating account pursuant to this chapter.

3. The state of Iowa offset program, as provided in section 421.65, shall be available to the department to facilitate receipt of funds owed to the department under this chapter.

Iowa Code § 99G.38

2003 Acts, ch 178, § 91, 121; 2003 Acts, ch 179, § 63, 84, 142; 2020 Acts, ch 1064, §8, 28; 2020 Acts, ch 1118, § 73, 74; 2023 Acts, ch 19, § 2344 2020 amendment to subsection 3 by 2020 Acts, ch 1064, §8, is effective on the date of rules adopted by the department of revenue to implement 2020 Acts, ch 10642020 Acts, ch 1064, see 2020 Acts, ch 1064, §28; 2020 Acts, ch 1118, §73, 74; the Code editor received notice that the system designed to implement the setoff procedures established in 2020 Acts, ch 10642020 Acts, ch 1064, and the accompanying rules, will be operational on November 13, 2023; rules governing transition, see 2020 Acts, ch 1118, §72

Amended by 2023 Iowa, ch 19, s 2344, eff. 7/1/2023.

Amended by 2020 Iowa, ch 1064, s 8, eff. 1/1/2021.

2003 Acts, ch 178, §91, 121; 2003 Acts, ch 179, §63, 84, 142

2020 amendment to subsection 3 by 2020 Acts, ch 1064, §8, is effective on the date of rules adopted by the department of revenue to implement 2020 Acts, ch 10642020 Acts, ch 1064, see 2020 Acts, ch 1064, §28; 2020 Acts, ch 1118, §73, 74; the Code editor received notice that the system designed to implement the setoff procedures established in 2020 Acts, ch 10642020 Acts, ch 1064, and the accompanying rules, will be operational on November 13, 2023; rules governing transition, see 2020 Acts, ch 1118, §72

See Code editor's note on simple harmonization at the beginning of this Code volume

Section amended