September 14, 2005, Introduced by Senator SWITALSKI and referred to the Committee on Appropriations.
A bill to amend 1972 PA 239, entitled
"McCauley-Traxler-Law-Bowman-McNeely lottery act,"
by amending section 33 (MCL 432.33), as amended by 1996 PA 167.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 33. (1) Unclaimed prize money for the prize on a winning
ticket or share of the state lottery shall be retained by the
commissioner
for the person entitled to the prize money for 1 year
6 months after the drawing in which the prize was won. If a claim
is
not made for the prize money within
the year 6 months,
the
prize money shall be deposited in the state school aid fund and
distributed pursuant to law.
(2) Unclaimed prize money for the prize on a winning ticket or
share of any joint enterprise shall be treated in the manner
provided for in the joint enterprise participation agreement
executed
by the commissioner. To the extent that
the this state
of
Michigan is entitled to any unclaimed prize money, that money
received shall be deposited into the state school aid fund and
distributed pursuant to law.