(a) A District of Columbia Lottery, Charitable Games, and Sports Wagering Fund (hereinafter referred to as the “Fund” ) shall be established and controlled by the Chief Financial Officer to receive all funds and fees generated by the specific forms of gambling operated or licensed by the Chief Financial Officer. All funds generated by gambling activities operated or licensed by the Chief Financial Officer shall be deposited in the Fund or a division thereof as created by the Chief Financial Officer.
(b) Any monies of the Office, from whatever source derived (including gifts to the Office), shall be for the sole use of the Fund and shall be deposited as soon as practicable in the Fund and shall be disbursed from the Fund according to the terms of Chapter 13 of Title 3. Disbursements of up to $500 from the Fund shall be paid out in checks signed by the Executive Director or designee. Disbursements in excess of $500 shall be paid out in checks signed by the Executive Director and the Treasurer of the District of Columbia.
(c) From the Fund, the Chief Financial Officer shall first pay for the operation, administration, and capital expenses of the specific forms of gambling operated and licensed by the Chief Financial Officer as authorized by this chapter, including the payment of prizes to winners of the games, as specified in this chapter pursuant to regulations promulgated by the Chief Financial Officer. The remainder shall be paid over by the Chief Financial Officer, on a monthly basis promptly after the 1st of the month for the preceding month, into the General Fund of the District of Columbia as general purpose revenue funds of the District of Columbia or as otherwise directed by this chapter and subchapter II of Chapter 17 of Title 22."
2001 Ed., § 3-1312
1981 Ed., § 2-2512.
Applicability of D.C. Law 22-312: § 7177 of D.C. Law 23-16 amended § 5(a) of D.C. Law 22-312 to repeal the delayed applicability affecting this section. Therefore the amendment of this section by D.C. Law 22-312 has been implemented.
Applicability of D.C. Law 22-312: § 5 of D.C. Law 22-312 provided that the change made to this section by § 2(d)(6) of D.C. Law 22-312 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented.