Legislation
- Title
- Video Lottery Operator - Reconciliation of Proceeds - Uncollectible Debt
- Sponsored by
- Delegates Hornberger and Buckel
- Status
- In the Senate - First Reading Budget and Taxation
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the definition of "proceeds" to allow a video lottery operator, under certain circumstances, to reduce the amount of proceeds received from video lottery terminals and table games by the amount of certain uncollectible negotiable instruments for up to 7 days following a certain determination; requiring the State Lottery and Gaming Control Commission to adopt certain regulations; requiring the video lottery operator to provide a quarterly report to certain committees regarding certain uncollectible or forgiven debts; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
- Opposite:
- Budget and Taxation
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
History
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File Code
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Subjects
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Statutes
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(
9-1A-01, 9-1A-26 )
Last Updated: 9/22/2020 2:34 PM