Compliance Updates

Virginia Governor Proposes Amendments to Casino Bill

Published

5 years ago

April 16, 2020

Niji Narayan

Virginia Governor Proposes Amendments to Casino Bill

Photo Source: apnews.com

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Virginia Governor Ralph Northam has proposed some amendments to the casino bill.

After Lawmakers approved the legislation to launch five casinos in Virginia, it was sent to the Governor for signing. Northam had until midnight on Saturday to act on SB 36 or HB 4 but decided to propose amendments to the bills instead of signing them into law. The Governor wants to alter the way in which tax revenue from the casinos is distributed throughout the state.

“The Governor is going to amend that provision of the bill that says roughly two-thirds of the [tax] revenue goes to the general fund,” Carter Hutchinson, Deputy Policy Advisor for Northam, said.

“He is going to amend that language to designate the funding go to school construction, renovation and repairs. The language is going to be relatively broad given the revenue from the casinos won’t start coming in for at least a couple years, probably more,” he added.

Related Topics:Carter Hutchinson casino bill casinos in Virginia Virginia Governor Ralph Northam

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.