SB 926 Michigan Senate · 2023-2024 Regular Session

Gaming: lottery; expenditures to the compulsive gaming prevention fund; modify. Amends sec. 41 of 1972 PA 239 (MCL 432.41).

This bill modifies how Michigan's state lottery manages its finances and increases funding for problem gambling prevention. It updates the rules for investing lottery funds to match the authority used for retirement systems and establishes a new reserve requirement to handle potential drops in investment returns. Additionally, the bill raises the annual cap on contributions to the compulsive gaming prevention fund from $1 million to $2 million, derived from the lottery's advertising budget. These changes aim to ensure the lottery can pay out prizes reliably while directing more resources toward supporting individuals affected by compulsive gaming.
Bill status signed all 5 stages cleared
Introduction
Jun 2024
Committee Review
Sep 2024
Senate Passage
Jun 2024
House Passage
Sep 2024
Signed into Law
Oct 2024
Introduced Jun 13, 2024 Signed Oct 9, 2024
Floor votes · Senate Jun 20, 2024 · House Sep 25, 2024

How they voted

2018
Passed
Total votes 38
Jun 20, 2024
D Democratic20
20 Yea
100% Yea
R Republican18
18 Nay
100% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
30
Key actions
6
Committee
6
Oct 9, 2024
Introduced
FILED WITH SECRETARY OF STATE 10/08/2024 01:22 PM
upper
Oct 9, 2024
Signed into law
APPROVED BY GOVERNOR 10/08/2024 10:54 AM
upper
Sep 25, 2024
Lower · Passed
passed; given immediate effect Roll Call # 298 Yeas 58 Nays 51 Excused 0 Not Voting 1
lower
Sep 25, 2024
Committee
referred to second reading
lower
Sep 25, 2024
Lower · Passed
reported with recommendation without amendment
lower
Jun 20, 2024
Committee
referred to Committee on Appropriations
lower
Jun 20, 2024
Introduced
received on 06/20/2024
lower
Jun 20, 2024
Upper · Passed
PASSED ROLL CALL # 258 YEAS 20 NAYS 18 EXCUSED 0 NOT VOTING 0
upper
Jun 20, 2024
Upper · Passed
REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S)
upper
Jun 20, 2024
Upper · Passed
DISCHARGE COMMITTEE APPROVED
upper
Jun 13, 2024
Committee
REFERRED TO COMMITTEE ON APPROPRIATIONS
upper
Jun 13, 2024
Introduced
INTRODUCED BY SENATOR SARAH ANTHONY
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Sarah Anthony
Sarah Anthony
DDemocratic
MI
21