Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-4038
Distribution of tax revenue
Official textlaw.lis.virginia.gov
# A.
The Department shall allocate 2.5 percent of the tax revenue collected pursuant to § 58.1-4037 to the Problem Gambling Treatment and Support Fund established pursuant to § 37.2-314.2.
# B.
The Department shall allocate the remaining 97.5 percent of the tax revenue collected pursuant to § 58.1-4037 to the general fund.
Source: view the official text
Nearby sections (25 sections)
- 58.1-4026 · Set-off of debts to the Commonwealth from prizes
- 58.1-4027 · Judicial review
- 58.1-4028 · Repealed
- 58.1-4029 · Disclosure of identity of winners by the Department
- 58.1-4030 · Definitions
- 58.1-4031 · Powers and duties of the Director related to sports…
- 58.1-4032 · Application for a sports betting permit; penalty
- 58.1-4033 · Renewals of permits
- 58.1-4034 · Duties of permit holders
- 58.1-4035 · Suspension and revocation of permits; civil penalties
- 58.1-4036 · Use of official league data
- 58.1-4037 · Tax on adjusted gross revenue
- 58.1-4038 · Distribution of tax revenue
- 58.1-4039 · Events on which betting is prohibited; penalty
- 58.1-4040 · Underage betting prohibited; penalty
- 58.1-4041 · Persons prohibited from sports betting; penalty
- 58.1-4042 · Operation and advertising of unpermitted facilities…
- 58.1-4043 · Reporting and investigating prohibited conduct
- 58.1-4044 · Required direct notification to the Department and to…
- 58.1-4045 · Liquidity pools
- 58.1-4046 · Intermediate routing of electronic data
- 58.1-4047 · Certain provisions in Article 1 (§ 58.1-4000 et seq.) to…
- 58.1-4048 · Gaming Regulatory Fund
- 58.1-4100 · Definitions
- 58.1-4101 · Regulation and control of casino gaming; limitation