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2020 Session

Budget Amendments - HB29 (Floor Approved)

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Lottery to Start Regulation and Oversight of Gaming Activities (language only)

Item 482 #1h

Item 482 #1h

Independent Agencies
Virginia Lottery

Language

Page 211, after line 27, insert:

"A. Out of the amounts for Virginia Lottery Operations shall be paid:

1. Reimbursement for compensation and reasonable expenses of the members of the Virginia Lottery Board in the performance of their duties, as provided in § 2.2-2813, Code of Virginia.

2. The total costs for the operation and administration of the state lottery, pursuant to § 58.1-4022, Code of Virginia.

3. The costs of informing the public of the purposes of the Lottery Proceeds Fund, established pursuant to Article X, Section 7-A, Constitution of Virginia.

B. The Lottery is authorized to use its line of credit to start the Request for Proposal process and other relevant activities related to iLottery, Sports Betting, and/or Casino Gaming prior to the end of the current biennium."



Explanation

(This amendment authorizes the Lottery to use its line of credit to begin relevant activities in fiscal year 2020 for iLottery, Sports Betting, and/or Casino Gaming. A separate amendment extends the Lottery's line of credit by $16 million. Upon enrolling, this item will be set out appropriately.)