Lottery bill seeks to reduce allocations
Sunday, January 22nd 2006, 9:24 am
By: News On 6
OKLAHOMA CITY (AP) -- A lawmaker is proposing a change to lottery allocations that would reduce the amount that goes to higher education.
Senator Frank Shurden of Henryetta wants to reduce higher education's share of lottery proceeds from 45 percent to 15 percent. He says he believes most Oklahomans thought the lion's share of lottery proceeds would go to common education, not higher education.
Higher Education Chancellor Paul Risser says lottery revenue is critical to paying off a 475 (M) million-dollar higher ed bond package and that any change could threaten some of those projects.