Item 94 | First Year - FY2025 | Second Year - FY2026 |
---|---|---|
Regulation of Charitable Gaming Organizations (55900) | $2,282,350 | $2,282,350 |
Charitable Gaming Regulation and Enforcement (55907) | FY2025 $2,282,350 | FY2026 $2,282,350 |
Fund Sources: | ||
General | FY2025 $2,170,863 | FY2026 $2,170,863 |
Dedicated Special Revenue | FY2025 $111,487 | FY2026 $111,487 |
Authority: Title 2.2, Chapter 24; Title 18.2, Chapter 8; and Title 59.1, Chapter 51, Code of Virginia.
A. Notwithstanding § 18.2-340.31, Code of Virginia, any and all fees paid by any organization conducting charitable gaming under a permit issued by the department, including audit and administrative fees and permit fees, shall be deposited to the general fund.
B. The department shall deposit into the Investigation Fund any assets it receives as a result of a law enforcement seizure and subsequent forfeiture by either a state or federal court. The fund shall be used to defray the expenses of investigation and enforcement actions and to purchase equipment for enforcement purposes.
C. Included in these amounts is $100,000 the first year and $100,000 the second year in nongeneral funds from annual registration fees paid by operators of fantasy contests to support both direct and indirect expenses of the department in the regulation of fantasy contests in Virginia.