Revenue sharing; gaming in the Commonwealth. (SB1574)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Revenue sharing; gaming in the Commonwealth. Creates a revenue sharing program, if gaming is authorized in the Commonwealth, that would require the owner or operator of any gaming establishment to share a percentage of its adjusted gross receipts with the Commonwealth, ranging from 13 to 15 percent based on its annual adjusted gross receipts. The revenues would be distributed as follows: 30 percent to transportation initiatives, with one-third allocated to projects in the Interstate 81 corridor, one-third allocated to the Northern Virginia Transportation Authority Fund, and one-third allocated to the Hampton Roads Transportation Fund; 30 percent to school construction and modernization; 10 percent to support increases in teacher pay; 10 percent to support initiatives related to higher education affordability; 10 to the locality in which the revenues were collected; nine percent to support the marketing and promotion of tourism destinations, and one percent to used to prevent and treat gambling addictions. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19103196D
01/09/2019Referred to Committee on Finance
01/28/2019Impact statement from DPB (SB1574)
01/31/2019Reported from Finance with substitute (13-Y 0-N) (see vote tally)
01/31/2019Committee substitute printed 19105363D-S1
02/04/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/05/2019Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/05/2019Impact statement from DPB (SB1574S1)
02/05/2019Read second time
02/05/2019Reading of substitute waived
02/05/2019Committee substitute agreed to 19105363D-S1
02/05/2019Engrossed by Senate - committee substitute SB1574S1
02/05/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/05/2019Passed Senate (40-Y 0-N) (see vote tally)
02/08/2019Placed on Calendar
02/08/2019Read first time
02/08/2019Referred to Committee on Appropriations
02/08/2019Assigned App. sub: General Government & Capital Outlay
02/11/2019Impact statement from DPB (SB1574S1)
02/19/2019Left in Appropriations

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