LITTLE ROCK, AR - Lieutenant Governor Bill Halter says he hopes to put a proposal on the 2008 ballot that would create a state-run lottery to raise millions for college scholarships.
Halter says he plans to submit a proposed constitutional amendment to Attorney General Dustin McDaniel's office by the week's end. If McDaniel approves the measure's language, Halter would need to gather about 78,000 signatures to place the item on the November 2008 ballot.
Halter says the lottery would raise about $100 million annually for college scholarships.
Halter backed a proposed constitutional amendment to create a lottery that died in a legislative committee earlier this year. Advocacy groups complained the scholarships would be funded by low-income families purchasing the tickets.
Halter says his proposed lottery would fund scholarships to attend public and private accredited higher education institutions in the state. The details of the scholarships and the lottery would be finalized by legislators if the amendment is approved by voters.