VA HB1103 | 2022 | Regular Session

Virginia House Bill 1103 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Sports betting. Prohibits sports betting operators from excluding bonuses and promotions from taxable revenue after the first 12 months of wagering activity. The bill also eliminates the ability of sports betting permit holders, when calculating taxable revenue, to carry over losses on a monthly basis.

Title

Sports betting; prohibits operators from excluding bonuses and promotions from taxable revenue.

History

Date	Chamber	Action
2022-02-15	House	Left in General Laws
2022-01-12	House	Referred to Committee on General Laws
2022-01-12	House	Prefiled and ordered printed; offered 01/12/22 22100109D

Subjects

Gambling Lotteries Etc.
Taxation

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	4030	(n/a)	See Bill Text
58	1	4037	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB1103
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB1103+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB1103F122+PDF