Lottery Privatization Bill Heads To Senate
With education revenues from the state lottery failing to produce the amount of education revenues initially projected, John Ford has authored legislation to examine whether to privatize the operation. Senate Bill 2173 is now headed to the full Senate for a vote after winning committee approval on Wednesday.
“I was opposed to the lottery, and I’ve never bought a single ticket, but I also respect the fact that 65 percent of Oklahoma voters said they wanted a lottery with proceeds going to education,” said Ford. “If there is a better way to run it that would result in more funding for education, then we should do that, and get our government out of the gambling business.”
SB 2173 would create an eight-person Oklahoma Lottery Asset Review Board to determine if privatization would result in a more efficient operation. The legislation would require six of the eight members to agree, and would require the governor’s approval as well before a private company could be chosen to operate the lottery.
“I was opposed to the lottery, and I’ve never bought a single ticket, but I also respect the fact that 65 percent of Oklahoma voters said they wanted a lottery with proceeds going to education,” said Ford. “If there is a better way to run it that would result in more funding for education, then we should do that, and get our government out of the gambling business.”
SB 2173 would create an eight-person Oklahoma Lottery Asset Review Board to determine if privatization would result in a more efficient operation. The legislation would require six of the eight members to agree, and would require the governor’s approval as well before a private company could be chosen to operate the lottery.
Labels: John Ford, Lottery Privatization
posted by Mike McCarville @ 2:27 PM
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