http://www.lotterypost.com/news/192987 Lottery Post News Story: Proposition 1C changes how California Lottery funds are used en-us Lottery Post RSS Generator http://www.lotterypost.com/news/192987/1290995 http://www.lotterypost.com/news/192987/1290995 Tue, 28 Apr 2009 16:50:48 GMT Drivedabizness
That is called a Constitutional Amendment. The Legislature ( Governor) can do that now.

The ballot measure also would trim the amount allocated for administration and other overhead from 16 percent to 13 percent.

They've been running at 13.5 - 14% for years. Again - no real change.

This whole thing seems to turn on the assumption that the Legi... [ More ]]]> Drivedabizness http://www.lotterypost.com/reply-topic.aspx?td=1290995 http://www.lotterypost.com/news/192987 http://www.lotterypost.com/news/192987 Tue, 28 Apr 2009 12:20:43 GMT Todd
The measure could deliver $5 billion to help close the state's staggering $42 billion budget gap. At the same time, it would ease long-standing rules that some believe have held back the 25-year-old state lottery.

Within a few years, however, Proposition 1C may only make the state's financial problems worse, the nonpartisan Legislative Analyst's Office has warned.

The proposition, one of six budg... [ More ]]]> * Original News Story http://www.lotterypost.com/reply-topic.aspx?td=1290783