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VA SB307

VA SB307
Electronic gaming devices; regulation, penalties.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
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)

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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