SB1323
Virginia Gaming Commerce Regulation Act; established, penalties, report.
Summary
As Introduced. Virginia Gaming Commerce Regulation Act established; penalties.
Establishes the Virginia Gaming Commerce Regulation Act for the purpose of providing a regulatory and registration scheme for electronic gaming devices in the Commonwealth. The bill authorizes and specifies the registration requirements for the distribution, operation, hosting, and play of electronic gaming devices, as defined in the bill. The bill ... (More) imposes a $1,200 monthly tax on each electronic gaming device from each distributor, as defined in the bill, and provides for the use of such tax proceeds after deposit in the Virginia Gaming Commerce Regulation Fund, established in the bill, with most being distributed to the Elementary and Secondary Education Fund, also established in the bill. The bill directs the Virginia Lottery Board to promulgate regulations no later than June 30, 2026, to implement the provisions of the bill and authorizes the Virginia Alcoholic Beverage Control Authority to grant a provisional registration, until the Virginia Lottery Board regulations are promulgated, to any entity that meets the respective criteria. (Less)-
Bill History
- 01/11/2025 - Senate: Prefiled and ordered printed; Offered 01-11-2025 25104484D
- 01/11/2025 - Senate: Referred to Committee on General Laws and Technology
- 01/14/2025 - Senate: Impact statement from VCSC (SB1323)
- 01/20/2025 - Senate: Assigned GL&T sub: Gaming
- 01/22/2025 - Senate: Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (9-Y 6-N)
- 01/22/2025 - Senate: Rereferred to Finance and Appropriations
- 01/22/2025 - Senate: Committee substitute printed 25105760D-S1
- 01/23/2025 - Senate: Impact statement from VCSC (SB1323)
- 01/24/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1323)
- 02/05/2025 - Senate: Left in Finance and Appropriations
