HB 102 - Racetrack Table Games - West Virginia Key Vote

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Title: Racetrack Table Games

Vote Smart's Synopsis:

Vote to pass a bill that allocates funds from racetrack table gaming license sales and tax collections to local municipalities.

Highlights:

-Deposits collected taxes into the West Virginia Lottery Racetrack Table Games Fund (Sec. 29-22-27). -Allocates various percentages from the adjusted gross receipts from racetracks to various funds, such as to the county commissions where the racetracks with table games are located (Sec. 29-22-27). -Allocates funds raised from racetrack table games to municipalities that have shown capital growth under previous legislation (Sec. 29-22-27). -Increases the local share of revenue from racetrack table games, license fees, and taxes in municipalities that have licensed racetrack table game establishments (Sec. 29-22-27).

Committee Sponsors

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