Lottery scholarship amounts to be decided - KAIT Jonesboro, AR - Region 8 News, weather, sports

Lottery scholarship amounts to be decided

LITTLE ROCK, AR (AP) - What could be the last week of the state's first fiscal session is set to begin.  On Monday, lawmakers are scheduled to take up legislation to set the amounts of scholarships to be funded by Arkansas' lottery. 

Legislative leaders say they believe the session could end by Friday, with votes planned late this week on Gov. Mike Beebe's proposed $4.5 billion spending plan for the coming year.

The House Rules Committee on Monday plans to consider legislation that would fund $5,000 scholarships for four-year schools and $2,500 scholarships for two-year schools with the net proceeds from Arkansas' lottery. Arkansas began selling lottery tickets in late September, and the games are expected to raise $112 million annually for the scholarships.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

 

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