Section 36-601.16 - Sales agents' special accounts; reports of receipts and transactions(a) The Chief Financial Officer, in the Chief Financial Officer's discretion, may require lottery and daily numbers games sales agents to deposit in the Fund or a special escrow account, in the name of the Office, to the credit of the Office, which the Chief Financial Officer is authorized to establish, in institutions designated by the Chief Financial Officer that are legal for the deposit of municipal funds, all monies received by such agents from the sale of lottery and daily numbers games tickets less the amount of authorized compensation to licensed agents and prizes, if any, authorized under § 3-1314, and to file with the Office reports of their receipts and transactions in the sale of lottery and daily numbers games tickets in such form and containing such information as the Office may require.(b) Lottery and daily numbers games sales agents shall hold in trust, for the benefit of the Office, all monies received by the agent from the sale of lottery and daily numbers games tickets until such monies are transferred to the Office. The Chief Financial Officer shall determine the amount of compensation to be paid to the sales agents and the amount of prizes to be paid by sales agents. The Chief Financial Officer shall have authority to adopt regulations to implement this section.Mar. 10, 1981, D.C. Law 3-172, § 4, 27 DCR 4736; June 3, 1997, D.C. Law 11-272, § 2(b), 43 DCR 4672; Oct. 8, 2016, D.C. Law 21-160, § 7072(p), 63 DCR 10775; May 3, 2019, D.C. Law 22-312, § 2, 66 DCR 1402.Applicability
Applicability of D.C. Law 22-312: § 7177 of D.C. Law 23-16 amended § 5(a) of D.C. Law 22-312 to repeal the delayed applicability affecting this section. Therefore the amendment of this section by D.C. Law 22-312 has been implemented.
Applicability of D.C. Law 22-312: § 5 of D.C. Law 22-312 provided that the change made to this section by § 2(d)(7) of D.C. Law 22-312 is subject to the inclusion of the law's fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented.