Electronic gaming devices; regulation, penalties. (HB590)

Introduced By

Del. Cliff Hayes (D-Chesapeake) with support from co-patrons Del. Karrie Delaney (D-Centreville), and Del. Terry Kilgore (R-Gate City)

Progress

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

Description

Regulation of electronic gaming devices; penalties. Authorizes and specifies the licensing requirements for the manufacture, distribution, operation, hosting, and playing of electronic gaming devices, as defined in the bill, under the regulatory authority of the Virginia Lottery Board. The bill imposes a 30 percent tax on all gross profits from the play of such electronic gaming devices and provides for the use of such tax proceeds. The bill also imposes criminal and civil penalties for violations of the law and regulations related to electronic gaming devices. Read the Bill »

Notes

According to the fiscal impact statement, the estimated costs associated with the legislation (HB590) are as follows: - Expenditure Impact: - Fiscal Year 2025: $25,500,000 - Fiscal Year 2026: $44,000,000 - Fiscal Year 2027: $65,000,000 - Fiscal Year 2028: $65,000,000 - Fiscal Year 2029: $65,000,000 - Fiscal Year 2030: $65,000,000 These costs are to be funded from the Gaming Regulatory Fund and would require 60 positions each year. - Revenue Impact: - Fiscal Year 2025: $36,050,000 - Fiscal Year 2026: $72,000,000 - Fiscal Year 2027: $180,000,000 - Fiscal Year 2028: $180,000,000 - Fiscal Year 2029: $180,000,000 - Fiscal Year 2030: $180,000,000 The revenue would be from multiple funds and sources as outlined in the statement.

Summary generated automatically by OpenAI.

Outcome

Bill Has Failed

History

DateAction
01/09/2024Committee
01/09/2024Prefiled and ordered printed; offered 01/10/24 24104965D
01/09/2024Referred to Committee on General Laws
01/26/2024Impact statement from DPB (HB590)
02/01/2024Assigned GL sub: Subcommittee #5
02/01/2024House subcommittee amendments and substitutes offered
02/02/2024House subcommittee amendments and substitutes offered
02/02/2024Subcommittee recommends reporting with substitute (6-Y 0-N)
02/06/2024Reported from General Laws with substitute (16-Y 4-N) (see vote tally)
02/06/2024Committee substitute printed 24106922D-H1
02/07/2024Impact statement from VCSC (HB590H1)
02/08/2024Read first time
02/09/2024Read second time
02/09/2024Committee substitute agreed to 24106922D-H1
02/09/2024Engrossed by House - committee substitute HB590H1
02/12/2024Read third time and passed House (68-Y 30-N)
02/12/2024VOTE: Passage (68-Y 30-N) (see vote tally)
02/12/2024Reconsideration of passage agreed to by House
02/12/2024Passed House (65-Y 34-N)
02/12/2024VOTE: Passage #2 (65-Y 34-N) (see vote tally)
02/13/2024Constitutional reading dispensed
02/13/2024Referred to Committee on General Laws and Technology
02/16/2024Impact statement from DPB (HB590H1)
02/21/2024Reported from General Laws and Technology with substitute (10-Y 5-N) (see vote tally)
02/21/2024Committee substitute printed 24108118D-S1
02/21/2024Rereferred to Finance and Appropriations
02/27/2024Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/27/2024Reported from Finance and Appropriations (13-Y 2-N) (see vote tally)
02/28/2024Read third time
02/28/2024Reading of substitute waived
02/28/2024Committee substitute agreed to 24108118D-S1
02/28/2024Engrossed by Senate - committee substitute HB590S1
02/28/2024Passed Senate with substitute (32-Y 7-N) (see vote tally)
02/28/2024Senate substitute rejected by House 24108118D-S1 (0-Y 96-N)
02/28/2024VOTE: REJECTED (0-Y 96-N) (see vote tally)
02/28/2024Senate insisted on substitute (39-Y 0-N) (see vote tally)
02/28/2024Senate requested conference committee
02/28/2024House acceded to request
02/28/2024Conferees appointed by House
02/28/2024Delegates: Hayes, Krizek, Kilgore
02/28/2024Conferees appointed by Senate
02/28/2024Senators: Rouse, Aird, Craig
03/09/2024No further action taken
03/09/2024Failed to pass in House

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