                                 CODE OF VIRGINIA

REPORTS; CABLE TELEVISION SYSTEMS; FEE ON RECEIPTS (§ 54.1-833)

A. Each promoter shall furnish to the Department, within two weeks after the
completion of each event, a written and verified report on the form provided by
the Department showing the number of tickets sold, unsold, and given away and
the amount of gross proceeds thereof for such events originating in the
Commonwealth, and its total gross receipts from the sale of rights to distribute
in any manner such event by any video, telephonic, or other communication method
involving the control of electrons or other charge carriers for such live events
originating in the Commonwealth. Within the two-week period, the promoter shall
pay to the Department a fee of (i) five percent of the first $100,000 of its
total gross receipts and (ii) two and one-half percent of the remainder of its
total gross receipts. Records of the promoter shall be subject to audit by the
Department.

B. Each cable television system or other multichannel video programming service
shall report to the Department in writing the name and address of each person
from whom it obtains the rights to provide a live event originating in the
Commonwealth.

C. The Department shall hold all license fees in a special fund of the state
treasury subject to appropriation of the General Assembly. Payments from this
fund shall be made to the contractors for their services on behalf of the
Commonwealth. No payment shall exceed the balance of the fund. The Department
shall draw from the fund to cover any expenses associated with the provisions of
this chapter.

HISTORY: 1998, c. 895; 2015, cc. 216, 264; 2025, cc. 95, 111.