Georgia § 20-1-8 - Placement of lottery funds into Construction Reserve Trust Fund.
Full text of Georgia Official Code of Georgia Annotated § 20-1-8 — Placement of lottery funds into Construction Reserve Trust Fund., with citation guidance and answers to common questions.
§ 20-1-8. Placement of lottery funds into Construction Reserve Trust Fund.
Any lottery funds appropriated for purposes of new capital construction shall be placed in a Construction Reserve Trust Fund to be maintained by the appropriate fiscal officers of state government. Funds so placed in the Construction Reserve Trust Fund shall be deemed to be committed for educational purposes and programs in compliance with subsection (d) of Code Section 50-27-13. Any such funds must be designated by project by the appropriate educational agency no later than June 30 of the fiscal year for which the funds were appropriated. Any such funds must be contractually obligated no later than June 30 of the fiscal year following the fiscal year for which the funds were appropriated. Any funds not designated or contractually obligated within such time periods shall lapse; and additionally any funds not expended as originally designated and obligated within 24 months after the close of the fiscal year for which such funds were originally appropriated shall lapse. Any funds so lapsing shall lapse to the general fund of the state treasury and shall be credited to the Lottery for Education Account. (Code 1981, § 20-1-8 , enacted by Ga. L. 1995, p. 701, § 1; Ga. L. 1996, p. 6, § 20.) Editor's notes. - This Code section applies with respect to appropriations for the fiscal year ending June 30, 1995, as well as all future fiscal years.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 20-1-8
What does Official Code of Georgia Annotated § 20-1-8 cover?
Section 20-1-8 ("Placement of lottery funds into Construction Reserve Trust Fund.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 20-1-8?
A common citation format is "Official Code of Georgia Annotated § 20-1-8" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 20-1-8 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.