2025 SESSION

INTRODUCED

25103114D

HOUSE BILL NO. 2232

Offered January 13, 2025

Prefiled January 7, 2025

A BILL to amend the Code of Virginia by adding in Article 2 of Chapter 41 of Title 58.1 a section numbered 58.1-4107.2, relating to casino gaming; Tri-Cities Improvement Commission established.

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Patron—Cherry

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Referred to Committee on Finance

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Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Article 2 of Chapter 41 of Title 58.1 a section numbered 58.1-4107.2 as follows:

§ 58.1-4107.2. Tri-Cities Improvement Commission.

There is hereby established the Tri-Cities Improvement Commission (the Commission). The Commission shall consist of five members to be appointed as follows: (i) one member to be appointed by the local governing body of the eligible host city described in subdivision A 5 of § 58.1-4107 and (ii) one member to be appointed by the local governing body of each jurisdiction with a median household income of $81,000 or less in 2023, according to data provided by the United States Census Bureau, that is adjacent to or located within 10 miles of such eligible host city. Each member shall be appointed to serve a two-year term. Notwithstanding the provisions of subdivision B 1 of § 58.1-4125, for a casino gaming establishment located in the eligible host city described in subdivision A 5 of § 58.1-4107, such transfer, otherwise returned to the city where it was collected, shall instead be made to the Commission. The purpose of the Commission shall be to (a) receive disbursements made to it; (b) establish funding priorities from such disbursements for member localities related to improvements in the areas of education, transportation, and public safety; and (c) make annual payments divided equally among the jurisdictions to fund the established priorities as determined by the Commission.