BILL ANALYSIS Ó AB 1428 Page 1 Date of Hearing: May 20, 2015 ASSEMBLY COMMITTEE ON APPROPRIATIONS Jimmy Gomez, Chair AB 1428 (Gray) - As Introduced February 27, 2015 ----------------------------------------------------------------- |Policy |Governmental Organization |Vote:|20 - 0 | |Committee: | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | |Education | |6 - 0 | | | | | | | | | | | ----------------------------------------------------------------- Urgency: No State Mandated Local Program: NoReimbursable: No SUMMARY: This bill requires the California State Lottery Commission (Commission) to collect, and make publicly available on the Commission's website, information related to the separate lottery education accounts for each school district and each county superintendent of schools. FISCAL EFFECT: AB 1428 Page 2 Minor and absorbable costs to the Commission. COMMENTS: 1)Purpose. According to the author, this bill is intended to provide additional financial detail and transparency with respect to supplemental funding to public education from the California State Lottery. 2)Current Lottery Education Fund Reports. Each school district and county superintendent of schools is required to establish a separate account for the receipt and expenditure of lottery funds. Once a quarter, the lottery sends educational supplement funds to the Controller, who distributes to county treasurers, who in turn distribute to school districts and county offices of education. The Commission publishes on its website a report compiled from information provided by the Controller summarizing education disbursements by county, reflecting all districts that have ever received funds from the lottery. Analysis Prepared by:Joel Tashjian / APPR. / (916) 319-2081 AB 1428 Page 3