{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-4125.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-4125.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-4125.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-4125.html"}],"law_id":79070,"edition_id":1,"section_id":79070,"structure_id":15933,"section_number":"58.1-4125","catch_line":"Gaming Proceeds Fund","history":"2020, cc. 1197, 1248; 2021, Sp. Sess. I, c. 7; 2022, Sp. Sess. I, cc. 8, 9; 2023, cc. 586, 587.","full_text":"A\n\nThere is hereby created in the state treasury a special nonreverting fund to be known as the Gaming Proceeds Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All moneys required to be deposited into the Fund pursuant to this chapter shall be paid into the state treasury and credited to the Fund. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund.B\n\nRevenues from the Fund shall be apportioned by the Comptroller as follows:1\n\nThe following amounts shall be distributed to the city in which they were collected by warrants of the Comptroller drawn on the Treasurer of Virginia on a quarterly basis:\n\t\t\t\ta. An amount equal to a six percent tax on the first $200 million of adjusted gross receipts;\n\t\t\t\tb. An amount equal to a seven percent tax on the adjusted gross receipts that exceed $200 million but do not exceed $400 million; and\n\t\t\t\tc. An amount equal to an eight percent tax on the adjusted gross receipts that exceed $400 million.2\n\nFor any casino gaming establishment operated by a Virginia Indian tribe recognized in House Joint Resolution No. 54 (1983) and acknowledged by the Assistant Secretary-Indian Affairs of the U.S. Department of the Interior as an Indian tribe within the meaning of federal law that has the authority to conduct gaming activities as a matter of claimed inherent authority or under the authority of the Indian Gaming Regulatory Act (25 U.S.C. § 2701 et seq.), an amount equal to a tax of one percent on the adjusted gross receipts of such establishment shall be deposited in the Virginia Indigenous People’s Trust Fund established pursuant to § 2.2-401.01.3\n\nEight-tenths of one percent of the Fund shall be deposited in the Problem Gambling Treatment and Support Fund established pursuant to § 37.2-314.2.4\n\nTwo-tenths of one percent of the Fund shall be deposited in the Family and Children’s Trust Fund established pursuant to § 63.2-2100.5\n\nAny remaining revenues not apportioned pursuant to subdivisions 1 through 4 shall be deposited in the School Construction Fund established pursuant to § 22.1-140.1.","order_by":null,"text":{"0":{"id":283235,"text":"There is hereby created in the state treasury a special nonreverting fund to be known as the Gaming Proceeds Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All moneys required to be deposited into the Fund pursuant to this chapter shall be paid into the state treasury and credited to the Fund. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":283236,"text":"Revenues from the Fund shall be apportioned by the Comptroller as follows:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":283237,"text":"The following amounts shall be distributed to the city in which they were collected by warrants of the Comptroller drawn on the Treasurer of Virginia on a quarterly basis:\n\t\t\t\ta. An amount equal to a six percent tax on the first $200 million of adjusted gross receipts;\n\t\t\t\tb. An amount equal to a seven percent tax on the adjusted gross receipts that exceed $200 million but do not exceed $400 million; and\n\t\t\t\tc. An amount equal to an eight percent tax on the adjusted gross receipts that exceed $400 million.","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":283238,"text":"For any casino gaming establishment operated by a Virginia Indian tribe recognized in House Joint Resolution No. 54 (1983) and acknowledged by the Assistant Secretary-Indian Affairs of the U.S. Department of the Interior as an Indian tribe within the meaning of federal law that has the authority to conduct gaming activities as a matter of claimed inherent authority or under the authority of the Indian Gaming Regulatory Act (25 U.S.C. § 2701 et seq.), an amount equal to a tax of one percent on the adjusted gross receipts of such establishment shall be deposited in the Virginia Indigenous People’s Trust Fund established pursuant to § 2.2-401.01.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":283239,"text":"Eight-tenths of one percent of the Fund shall be deposited in the Problem Gambling Treatment and Support Fund established pursuant to § 37.2-314.2.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":283240,"text":"Two-tenths of one percent of the Fund shall be deposited in the Family and Children’s Trust Fund established pursuant to § 63.2-2100.","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":283241,"text":"Any remaining revenues not apportioned pursuant to subdivisions 1 through 4 shall be deposited in the School Construction Fund established pursuant to § 22.1-140.1.","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4"}},"ancestry":[{"id":15933,"edition_id":1,"name":"Taxation","identifier":"9","label":"article","depth":4,"order_by":1,"parent_id":13502,"metadata":{},"date_created":"2026-06-26 04:02:16","date_modified":"2026-06-26 04:02:16","permalink":{"id":259511,"object_type":"structure","relational_id":15933,"identifier":"9","token":"58.1\/IV\/41\/9","url":"\/58.1\/IV\/41\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13502,"edition_id":1,"name":"Casino Gaming","identifier":"41","label":"chapter","depth":3,"order_by":1,"parent_id":13501,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259321,"object_type":"structure","relational_id":13502,"identifier":"41","token":"58.1\/IV\/41","url":"\/58.1\/IV\/41\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13501,"edition_id":1,"name":"Other Sources of State Revenue","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259073,"object_type":"structure","relational_id":13501,"identifier":"IV","token":"58.1\/IV","url":"\/58.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":61944,"structure_id":15933,"section_number":"58.1-4124","catch_line":"Tax rate on adjusted gross receipts","url":"\/58.1-4124\/","token":"58.1\/IV\/41\/9\/58.1-4124","metadata":false},{"id":79070,"structure_id":15933,"section_number":"58.1-4125","catch_line":"Gaming Proceeds Fund","url":"\/58.1-4125\/","token":"58.1\/IV\/41\/9\/58.1-4125","metadata":false}],"previous_section":{"id":61944,"structure_id":15933,"section_number":"58.1-4124","catch_line":"Tax rate on adjusted gross receipts","url":"\/58.1-4124\/","token":"58.1\/IV\/41\/9\/58.1-4124","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-4125\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 1197<\/a> and 1248<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2023, chapters 586<\/a> and 587<\/a>.<\/p>","references":[{"id":79241,"section_number":"2.2-401.01","catch_line":"Liaison to Virginia Indian tribes; Ombudsman for Tribal Consultation; Virginia Indigenous People's Trust Fund","order_by":null,"url":"\/2.2-401.01\/"},{"id":72219,"section_number":"22.1-140.1","catch_line":"School Construction Fund and Program","order_by":null,"url":"\/22.1-140.1\/"},{"id":72576,"section_number":"58.1-4107.1","catch_line":"Regional Improvement Commission","order_by":null,"url":"\/58.1-4107.1\/"},{"id":61944,"section_number":"58.1-4124","catch_line":"Tax rate on adjusted gross receipts","order_by":null,"url":"\/58.1-4124\/"}],"refers_to":[{"id":72219,"section_number":"22.1-140.1","catch_line":"School Construction Fund and Program","order_by":null,"url":"\/22.1-140.1\/"}],"permalink":{"id":259517,"object_type":"law","relational_id":79070,"identifier":"58.1-4125","token":"58.1\/IV\/41\/9\/58.1-4125","url":"\/58.1-4125\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-4125\/","token":"58.1\/IV\/41\/9\/58.1-4125","dublin_core":{"Title":"Gaming Proceeds Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-4125","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby created in the state treasury a special nonreverting fund to be known as the Gaming Proceeds Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All moneys required to be deposited into the Fund pursuant to this chapter shall be paid into the state treasury and credited to the Fund. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Revenues from the Fund shall be apportioned by the Comptroller as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The following amounts shall be distributed to the city in which they were collected by warrants of the Comptroller drawn on the Treasurer of Virginia on a quarterly basis:\n\t\t\t\ta. An amount equal to a six percent tax on the first $200 million of adjusted gross receipts<\/span>;\n\t\t\t\tb. An amount equal to a seven percent tax on the adjusted gross receipts<\/span> that exceed $200 million but do not exceed $400 million; and\n\t\t\t\tc. An amount equal to an eight percent tax on the adjusted gross receipts<\/span> that exceed $400 million. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> For any casino gaming establishment<\/span> operated by a Virginia Indian tribe recognized in House Joint Resolution No. 54 (1983) and acknowledged by the Assistant Secretary-Indian Affairs of the U.S. Department<\/span> of the Interior as an Indian tribe within the meaning of federal law<\/span> that has the authority to conduct gaming activities as a matter of claimed inherent authority or under the authority of the Indian Gaming Regulatory Act (25 U.S.C. § 2701 et seq.), an amount equal to a tax of one percent on the adjusted gross receipts<\/span> of such establishment shall be deposited in the Virginia Indigenous People’s Trust Fund established pursuant to § 2.2-401.01<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Eight-tenths of one percent of the Fund shall be deposited in the Problem Gambling Treatment and Support Fund established pursuant to § 37.2-314.2<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Two-tenths of one percent of the Fund shall be deposited in the Family and Children’s Trust Fund established pursuant to § 63.2-2100<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Any remaining revenues not apportioned pursuant to subdivisions 1 through 4 shall be deposited in the School Construction Fund established pursuant to § 22.1-140.1<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nGAMING PROCEEDS FUND (\u00a7 58.1-4125)\n\nA. There is hereby created in the state treasury a special nonreverting fund to\nbe known as the Gaming Proceeds Fund, referred to in this section as “the\nFund.” The Fund shall be established on the books of the Comptroller. All\nmoneys required to be deposited into the Fund pursuant to this chapter shall be\npaid into the state treasury and credited to the Fund. Any moneys remaining in\nthe Fund, including interest thereon, at the end of each fiscal year shall not\nrevert to the general fund but shall remain in the Fund.\n\nB. Revenues from the Fund shall be apportioned by the Comptroller as follows:\n\n 1. The following amounts shall be distributed to the city in which they were\n collected by warrants of the Comptroller drawn on the Treasurer of Virginia on\n a quarterly basis:\n \t\t\t\ta. An amount equal to a six percent tax on the first $200 million of\n adjusted gross receipts;\n \t\t\t\tb. An amount equal to a seven percent tax on the adjusted gross receipts\n that exceed $200 million but do not exceed $400 million; and\n \t\t\t\tc. An amount equal to an eight percent tax on the adjusted gross receipts\n that exceed $400 million.\n\n 2. For any casino gaming establishment operated by a Virginia Indian tribe\n recognized in House Joint Resolution No. 54 (1983) and acknowledged by the\n Assistant Secretary-Indian Affairs of the U.S. Department of the Interior as\n an Indian tribe within the meaning of federal law that has the authority to\n conduct gaming activities as a matter of claimed inherent authority or under\n the authority of the Indian Gaming Regulatory Act (25 U.S.C. § 2701 et\n seq.), an amount equal to a tax of one percent on the adjusted gross receipts\n of such establishment shall be deposited in the Virginia Indigenous\n People’s Trust Fund established pursuant to § 2.2-401.01.\n\n 3. Eight-tenths of one percent of the Fund shall be deposited in the Problem\n Gambling Treatment and Support Fund established pursuant to § 37.2-314.2.\n\n 4. Two-tenths of one percent of the Fund shall be deposited in the Family and\n Children’s Trust Fund established pursuant to § 63.2-2100.\n\n 5. Any remaining revenues not apportioned pursuant to subdivisions 1 through 4\n shall be deposited in the School Construction Fund established pursuant to\n § 22.1-140.1.\n\nHISTORY: 2020, cc. 1197, 1248; 2021, Sp. Sess. I, c. 7; 2022, Sp. Sess. I, cc.\n8, 9; 2023, cc. 586, 587.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}