CAP ON ADMINISTRATIVE COSTS.

  1. Law
  2. Idaho Code
  3. STATE GOVERNMENT AND STATE AFFAIRS
  4. IDAHO STATE LOTTERY
  5. CAP ON ADMINISTRATIVE COSTS.

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67-7449. CAP ON ADMINISTRATIVE COSTS. During the first year of operation, administrative costs shall not exceed twenty percent (20%) of lottery revenue. Thereafter, administrative costs shall not exceed fifteen percent (15%) of lottery revenue during any fiscal year. Advertising and promotional costs shall not exceed three and one-half percent (3 1/2%) of lottery revenue during any fiscal year.

History:

[67-7449, added 1988, ch. 232, sec. 2, p. 461.]


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