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2022 Session

Budget Amendments - SB30 (Committee Approved)

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JLARC Review of Petersburg Casino (language only)

Item 36 #4s

Item 36 #4s

Legislative Department
Joint Legislative Audit and Review Commission

Language

Page 25, after line 41, insert:

"J. The Joint Legislative Audit and Review Commission shall engage, on a limited basis, the professional and technical consultants retained for the November 2019 Report "Gaming in the Commonwealth" for a limited review of the potential state and local revenues that may be generated from a casino located in the City of Petersburg, including any potential negative revenue impact on casinos located in other authorized host cities. No locality that has been previously authorized as an eligible host city pursuant to § 58.1-4107, Code of Virginia, to conduct casino gaming which held a local referendum on November 2, 2021, that failed, shall be eligible to hold a subsequent local referendum until November 2023."



Explanation

(This amendment directs JLARC to engage a previously retained professional consultancy to evaluate the potential revenues from a casino in the City of Petersburg and prevents the City of Richmond from holding another local referendum on casino gaming until November 2023.)