§ 667 - Fiscal committee review - Vermont Statutes

§ 667. Fiscal committee review

(a) Whenever the gross receipts of the state lottery fall below $450,000.00 during any three month period after the commencement of the first game, the joint fiscal committee shall immediately investigate the condition of the state lottery, and its likelihood for continuing success. If, after investigation, the joint fiscal committee determines that continuation of the lottery is not in the best interests of the state, it may order the termination of the state lottery.

(b) This section shall not apply in the event the commission enters into a facilities management agreement pursuant to the provisions of subsection 656(c) of this title. (Added 1977, No. 82, § 2, eff. April 27, 1977.)