VA HB2617 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2019 - 25% progression, died in chamber
Action: 2019-01-31 - Stricken from docket by Rules (16-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Fantasy Contest Act; registration requirements. Allows the Department of Agriculture and Consumer Services (the Department) to set fantasy contest operator registration and renewal fees not to exceed (i) $5,000 for any applicant with annual gross receipts from the operation of fantasy contests in Virginia of not greater than $250,000 in the most recently completed fiscal year, (ii) $20,000 for any applicant with annual gross receipts from the operation of fantasy contests in Virginia of greater than $250,000 but not greater than $500,000 in the most recently completed fiscal year, or (iii) $40,000 for any applicant with annual gross receipts from the operation of fantasy contests in Virginia of greater than $500,000 in the most recently completed fiscal year. Under current law, every registration must be accompanied by an initial registration fee set by the Department. The bill changes the annual consumer protection testing and financial audit requirements for registrants to a single test conducted within the first year of operation and financial audits at the request of the Department.

Tracking Information

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Title

Fantasy Contest Act; registration requirements.

Sponsors


Roll Calls

2019-01-31 - House - House: Stricken from docket by Rules (16-Y 0-N) (Y: 16 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-01-31HouseStricken from docket by Rules (16-Y 0-N)
2019-01-17HouseReferred to Committee on Rules
2019-01-17HouseReferred from General Laws by voice vote
2019-01-09HouseReferred to Committee on General Laws
2019-01-09HousePresented and ordered printed 19104196D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
591557(n/a)See Bill Text
591559(n/a)See Bill Text

Virginia State Sources


Bill Comments

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