                                 CODE OF VIRGINIA

GAMING REGULATORY FUND (§ 58.1-4048)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Gaming Regulatory Fund, referred to in this section as &#8220;the
Fund.&#8221; The Fund shall be established on the books of the Comptroller. All
funds appropriated for such purpose and any gifts, donations, grants, bequests,
and other funds received on its behalf shall be paid into the state treasury and
credited to the Fund. Interest earned on moneys in the Fund shall remain in the
Fund and be credited to it. 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. Moneys in the Fund shall be used solely to offset the
Department&#8217;s costs associated with (i) the conduct of investigations
required by § 58.1-4032, 58.1-4043, 58.1-4104, 58.1-4109, 58.1-4116, 58.1-4120,
or 58.1-4121 or any other provision of this article or Chapter 41 (§ 58.1-4100
et seq.) and (ii) the enforcement of regulations promulgated by the Virginia
Lottery Board pursuant to subdivisions A 14 and 15 of § 58.1-4007, subdivision
2 of § 58.1-4102, and § 58.1-4103. Expenditures and disbursements from the
Fund shall be made by the State Treasurer on warrants issued by the Comptroller
upon written request signed by the Director.

HISTORY: 2023, cc. 586, 587.