"A.1. Pursuant to the provisions of House Bill 271 of the 2026 Session of the General Assembly, there is hereby created the Virginia Gaming Commission. No later than June 30, 2027, the appropriations and positions of the agencies listed in the portions of House Bill 271 of the 2026 Session of the General Assembly which establish the Virginia Gaming Commission shall be transferred from the agencies listed to the Virginia Gaming Commission.

2. The Director, Department of Planning and Budget, shall include implementation of the actions set forth in this item in the Budget Bill submitted to the 2027 Session of the General Assembly.

B. To effectuate the provisions of House Bill 271 of the 2026 Session of the General Assembly establishing the Virginia Gaming Commission, there is hereby appropriated a sum sufficient amount of nongeneral fund revenues estimated at $10,000,000 the first year and $5,000,000 the second year equal to the gaming revenues enumerated in the provisions of House Bill 271 of the 2026 Session of the General Assembly establishing the Virginia Gaming Commission.

C. Notwithstanding the provision of § 4-3.02 of this act, the State Comptroller may authorize an interest-free treasury loan for the Virginia Gaming Commission to fund costs associated with the implementation of the provisions establishing the Virginia Gaming Commission within House Bill 271 of the 2026 Session of the General Assembly. The amount of the treasury loan may include costs as estimated to be incurred by the Commission for the administration, regulation, enforcement, and oversight of gaming as specified in House Bill 271 of the 2026 Session of the General Assembly. The Secretary of Finance may extend the repayment plant for any such interest-free treasury loan for a period of longer than twelve months as needed to support Commission costs associated with the administration and regulation of gaming. Intended repayment of the treasury loan is with anticipated Commission revenues."