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2020 Session

Budget Amendments - SB30 (Committee Approved)

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SB 199 & SB 936: Charitable Bingo & Texas Hold'em

Item 105 #1s

Item 105 #1s

First Year - FY2021 Second Year - FY2022
Agriculture and Forestry
Department of Agriculture and Consumer Services FY2021 $374,667 FY2022 $374,667 GF
FY2021 4.00 FY2022 4.00 FTE

Language
Page 89, line 6, strike "$1,313,258" and insert "$1,687,925".
Page 89, line 6, strike "$1,313,258" and insert "$1,687,925".

Page 89, line 13, strike "A." and insert "A.1".

Page 89, following line 16 insert:

"2. Notwithstanding § 18.2-340.31, Code of Virginia, the audit and administration fee levied for any Texas Hold'em Poker Tournaments authorized pursuant to legislation adopted by the 2020 General Assembly shall be two percent of the gross receipts which an organization reports pursuant to § 18.2-340.30, Code of Virginia."



Explanation

(This amendment provides requisite funding and staff to oversee the increase in charitable bingo games and Texas Hold'em Poker Tournaments that may arise as a result of SB 199 and SB 936 of the 2020 General Assembly and increases the audit and administration fee on Texas Hold'em Poker Tournaments from 1.25 to 2.0 percent of gross receipts.)