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2001 Special Session I

Budget Bill - HB3 (Introduced)

Charitable Gaming Commission

Item 57

Item 57

First Year - FY2001Second Year - FY2002
Regulation of Business Practices (55200)$2,404,365$2,405,394
Monitoring and Oversight of Charitable Gaming (55214)FY2001 $2,404,365FY2002 $2,405,394
Fund Sources:  
SpecialFY2001 $2,404,365FY2002 $2,405,394

Authority: Title 58.1, Chapter 40, Code of Virginia.


A. Out of this appropriation, the members of the Charitable Gaming Commission shall receive compensation and reimbursement for their reasonable expenses in performance of their duties, as provided in § 2.1-20.3, Code of Virginia.


B. The Commission shall review its revenues and expenditures at the end of each fiscal year. If the Commission determines that there is a fund balance in its appropriation beyond the need for contingencies, the Commission may refund a portion of the audit and administration fees received from charitable gaming organizations on an equitable basis.


C. The Technology Fund shall consist of such amounts as may be designated by the Commission from its revenues and unexpended appropriations. The Fund shall be used to create and maintain an integrated computer system for management of the Commission's administrative function and for other technology purchases and upgrades.


D. The Commission 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 a federal court. In addition to the proceeds of asset forfeitures, the Fund shall consist of such amounts as may be designated by the Commission from its revenues and unexpended appropriations. The Fund shall be used to defray the expenses of the Commission's investigation and enforcement actions and to purchase equipment for enforcement purposes.