– Legislation to amend the State Lottery Law to reduce the statutorily mandated rate of return is on its way to the governor’s desk, said Rep. Thomas Murt (R-Montgomery), who authored the measure.
“By slightly increasing the lottery’s profit, we are supporting our senior programs with extra funding through those gains,” said Murt. “In the end, this is truly a win for our seniors and their quality of programs in the Commonwealth.”
House Bill 956
would reduce the mandate rate to 23% on a temporary basis for the next three fiscal years until June 30, 2022. Act 201 of 2014, most recently reduced the mandate from 27% to 25% which gave the lottery the opportunity to raise prices and match consumer demand to increase their profits.
“We have the ensure the lottery can continually fund critical programs across the state and this is an effective way of doing so,” said Murt.
The legislation now awaits the governor’s signature to become law.
Representative Thomas P. Murt, Ed.D.
152nd Legislative District
Pennsylvania House of Representatives
Media Contact: Rene Morrow