Revises apportionment of State lottery contributions.
This bill changes how New Jersey allocates lottery proceeds to the Common Pension Fund L. Currently, at least 30% of lottery revenue must go to the pension fund. The bill reduces this minimum to 25% for the first fiscal year after it takes effect, and permanently maintains that 25% rate starting in the fourth fiscal year if lottery sales and revenue over three consecutive years equal or exceed the base year (the year the bill becomes law). If sales and revenue fall below the base year during that three-year period, the allocation reverts to 30% the following year. The change directly affects how lottery funds are distributed between pension contributions and other state uses.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025
Last action Jun 30, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
Jun 26, 2025
Lower · Passed
Reported out of Assembly Committee with Amendments, 2nd Reading
lower
Jun 26, 2025
Committee
Transferred to Assembly Budget Committee
lower
Feb 10, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Tourism, Gaming and the Arts Committee
lower
2 primary · 0 co-sponsors
Sponsors
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