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2022 SESSION
SB 462 Video gaming terminals (VGTs); regulation, penalties.
Introduced by: John J. Bell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Regulating video gaming terminals; penalties. Authorizes and specifies the licensing requirements for the manufacture, distribution, operation, servicing, hosting, and playing of video gaming terminals (VGTs). The bill provides that VGTs are regulated by the Virginia Lottery Board, which the bill renames as the Virginia Lottery and Gaming Oversight Board. The bill requires employees of such licensees to be registered with the Virginia Lottery, which the bill renames as the Virginia Lottery and Gaming Department. The bill imposes criminal and civil penalties for violations of the law and regulations related to VGTs. The bill imposes a 34 percent tax on all gross profits from the play of VGTs and provides for how the tax proceeds are used; most are deposited into the School Construction Fund, created by the bill.
FULL TEXT
HISTORY
- 01/11/22 Senate: Prefiled and ordered printed; offered 01/12/22 22103766D
- 01/11/22 Senate: Referred to Committee on General Laws and Technology
- 01/26/22 Senate: Assigned GL&T sub: Gaming
- 02/02/22 Senate: Continued to 2023 in General Laws and Technology (15-Y 0-N)