
| Legal Citations: |
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| Revenue Type: Cash — Business Regulation |
| Origin Date: November 5, 1991 by H.B. 54, H.J.R. 8, 72nd Leg., 1st C.S. |
| Issue Date: 1992-01-22 |
| Revised Date: 2025-09-01 |
A cash bond, surety bond, letter of credit, certificate of deposit or other security approved by the executive director shall be posted by lottery ticket sales agents to protect the state from possible losses resulting from the agent operations. Amount of the security determined by the executive director.
At the time application is submitted.
S.B. 3070, 89th Leg., R.S. abolished the Lottery Commission (362) and transferred all programs and duties to the Texas Department of Licensing and Regulation (452) effective 9/1/2025.
| Appropriation Year | 26 |
|---|---|
| USAS Title | LOTTERY SECURITY PROCEEDS |
| Receipt Category | 03 – Business Regulation |
| Receipt Type | 45 – Lottery Proceeds |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 25 – NET LOTTERY PROCEEDS |