This bill, S.B. No. 738, proposes amendments to Section 466.408 of the Government Code regarding the allocation of unclaimed lottery prize money. The bill establishes a new priority for the use of these funds, specifically designating that up to $5 million in each state fiscal year will be allocated to fund the child-care services program administered by the Texas Workforce Commission. Additionally, it clarifies that any remaining unclaimed prize money, after the specified allocations, will be deposited into the foundation school fund.
The bill also modifies existing provisions by removing the previous language that allowed for the remaining amount of unclaimed prize money to be deposited solely for veterans' assistance. Instead, it introduces a new structure for the distribution of funds, ensuring that a portion is specifically earmarked for child-care services. The changes will apply only to unclaimed prizes for lottery games where the winner was selected on or after the bill's effective date of September 1, 2025.
Statutes affected: Introduced: Government Code 466.408 (Government Code 466)