--- title: O.C.G.A. § 20-1-8. Placement of lottery funds into Construction Reserve Trust Fund. collection: code id: 20-1-8 cite_as: O.C.G.A. § 20-1-8 (2025) canonical_url: https://georgiacommons.org/code/20-1-8 md_url: https://georgiacommons.org/code/20-1-8.md text_url: https://georgiacommons.org/code/20-1-8/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch1-2a-(v17)-2022-pdf.pdf?sfvrsn=9db936c6_0#page=21 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/20-1.md previous: https://georgiacommons.org/code/20-1-7.md next: https://georgiacommons.org/code/20-1-9.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: EDUCATION / GENERAL PROVISIONS / GENERAL PROVISIONS --- # O.C.G.A. § 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. ## History 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.