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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>78196</law_id><section_number>59.1-564</section_number><catch_line>Department to adjust fees; certain transfer of money collected prohibited</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="51">Fantasy Contests Act</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Nongeneral funds generated by fees collected in accordance with this chapter on behalf of the <span class="dictionary">Department</span> and accounted for and deposited into a special fund by the Commissioner of the <span class="dictionary">Department</span> shall be held exclusively to cover the expenses of the <span class="dictionary">Department</span> in administering this chapter and shall not be transferred to any other agency. <a id="paragraph-280304" class="section-permalink" href="https://vacode.org/59.1-564/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Following the close of any biennium, when the account for the <span class="dictionary">Department</span> maintained under this chapter shows expenses allocated to it for the past biennium to be more than 10 percent greater or less than moneys collected on behalf of the <span class="dictionary">Department</span>, it shall revise the fees levied by it for registration and renewal thereof so that the fees are sufficient but not excessive to cover expenses. <a id="paragraph-280305" class="section-permalink" href="https://vacode.org/59.1-564/#B"><i class="fa fa-link"/></a></p></section></text><history>2016, cc. 318, 703.</history><metadata></metadata></law>
