SENATE
HOUSE
JOINT
BILL STATUS
STATE LAW
REPORTS
EDUCATIONAL
CONTACT
home
home
Introduced Version House Bill 2796 History

OTHER VERSIONS  -  Enrolled Version - Final Version  |     |  Email
Key: Green = existing Code. Red = new code to be enacted
H. B. 2796


(By Delegates Browning, Burke, Seacrist, Mezzatesta, Kelley, Tomblin and Frederick)

(Originating in the House Committee on Finance)

[February 27, 1995]




A BILL to amend article twenty-two-a, chapter twenty-nine of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section ten-a, relating to deposit of lottery commission's share of video lottery net terminal income to state lottery fund.

Be it enacted by the Legislature of West Virginia:

That article twenty-two-a, chapter twenty-nine of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section ten-a, to read as follows:

ARTICLE 22A. RACETRACK VIDEO LOTTERY.

§29-22A-10a. Lottery commission income to be deposited in State Lottery Fund.

Notwithstanding the provisions of subdivision one, subsection (c), section ten of this article, beginning on the first day of July, one thousand nine hundred ninety-five and continuing thereafter, the net terminal income received by the commission shall be paid into the state lottery fund created by section eighteen, article twenty-two of this chapter, to be appropriated by the legislature: Provided: That income deposited pursuant to this section shall not be subject to the provisions of subsections (b), (c), (d) or (e), section eighteen, article twenty-two of this chapter.



NOTE: The purpose of this bill is require deposit of the Lottery
Commission's share of video lottery net terminal income to be deposited into the State Lottery Fund, beginning July 1, 1995, rather than into the General Revenue Fund.


This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Email WebmasterWebmaster   |   © 2024 West Virginia Legislature **


X

Print On Demand

Name:
Email:
Phone:

Print