2020 Session

Budget Amendments - HB30 (Floor Approved)

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HB 4 - Casino Gaming Implementation (language only)

Item 488 #1h

Item 488 #1h

Independent Agencies
Virginia Lottery
Virginia Lottery FY2021 96.00 FY2022 96.00 FTE


Page 472,  lines 37 insert "A." before "Out".

Page 472, after line 43, insert:

"B.1. Expenses related to the regulation and oversight of Casino Gaming as outlined in Title 58.1, Chapter 41, Code of Virginia, shall be paid from the combination of licensing and related fees collected under that Chapter and an additional appropriation of up to $16 million the first year and $16 million the second year from the Gaming Proceeds Fund shall be provided to cover the costs of regulation and oversight activities related to Casino Gaming in the event casino operators become licensed in Virginia.

2. Notwithstanding the provisions of § 4-3.02 of this act, the Secretary of Finance may authorize an interest free treasury loan for the Virginia Lottery to fund start-up costs associated with the implementation of Casino Gaming activities as enacted by the 2020 General Assembly of Virginia. The Secretary of Finance may extend the repayment plan for any such interest-free treasury loan for a period of longer than twelve months."


(This amendment provides operating and regulatory support for the Lottery pursuant to the passage of House Bill 4 in the 2020 General Assembly session, which legalizes casino gaming in five localities of the Commonwealth. House Bill 4 currently anticipates $25 million in license application fees for the Lottery to support its regulatory and oversight of Casino gaming. A separate amendment extends the Lottery's line of credit for additional expenses related to Casino Gaming.)