summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
02/14/2024
02/14/2024
Introduced Session
Potential new amendment
2024 Regular Session
Bill Summary
Regulation of electronic gaming devices; penalties. Authorizes and specifies the licensing requirements for the manufacture, distribution, operation, servicing, hosting, and play of electronic gaming devices, as defined in the bill. The bill provides that electronic gaming devices are regulated by the Virginia Lottery Board and requires employees of such licensees to be registered with the Virginia Lottery. The bill imposes criminal and civil penalties for violations of the law and regulations related to electronic gaming devices. The bill imposes a 34 percent tax on all gross profits from the play of such gaming devices and provides for the use of such tax proceeds, with most being deposited into the general fund.
AI Summary
This bill:
This bill authorizes and specifies the licensing requirements for the manufacture, distribution, operation, servicing, hosting, and play of electronic gaming devices, which are regulated by the Virginia Lottery Board. The bill imposes a 34 percent tax on all gross profits from the play of such gaming devices and provides for the use of such tax proceeds, with most being deposited into the general fund. The bill also imposes criminal and civil penalties for violations of the law and regulations related to electronic gaming devices.
Committee Categories
Business and Industry, Justice
Sponsors (1)
Last Action
Left in General Laws and Technology (on 02/14/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB307 |
| Substitute for SB307 S-General Laws and Technology, Gaming | https://committees.lis.virginia.gov/pdfs/drafts/24105869D.pdf |
| Fiscal Note/Analysis - Senate: Prefiled and ordered printed; off | https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB307F160+PDF |
| BillText | https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB307+hil |
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