WEST VIRGINIA LEGISLATURE

2022 REGULAR SESSION

Introduced

House Bill 4338

By Delegates Gearheart, Smith, Zatezalo, Hamrick, and Foster

[Introduced January 21, 2022; referred to the Committee on Finance]

A BILL to amend and reenact §29-22B-1103 of the Code of West Virginia, 1931, as amended, relating to reducing the annual permit fee for each video lottery terminal owned or leased by a limited video lottery licensee.

Be it enacted by the Legislature of West Virginia:

ARTICLE 22B. LIMITED VIDEO LOTTERY.

§29-22B-1103. Permit fee.

For the privilege of holding a permit that authorizes the licensee to own or lease video lottery terminals from a licensed manufacturer, the person shall pay an annual fee of $1,000 per video lottery terminal for which the permit is issued. Beginning on and after May 1, 2022, for the privilege of holding a permit that authorizes the licensee to own or lease video lottery terminals from a licensed manufacturer, the person shall pay an annual fee of $500 per video lottery terminal for which the permit is issued.

This fee shall initially be paid at the time the permit is issued for the number of video lottery terminals a person is authorized to own or lease without going through the bid process. Thereafter, this fee shall be due and payable each first day of May while the person holds the permit and the amount of the fee shall be determined by the number of video lottery terminals the person is permitted to own or lease from a licensed manufacturer.

NOTE: The purpose of this bill is to reduce the annual permit fee for each video lottery terminal owned or leased by a limited video lottery licensee from $1,000 to $500.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.