House Bill 161, presented by Delegate Simon, was reported out of committee with an appropriation substitute that would authorize internet gaming in the Commonwealth and establish a tax and earmark structure for revenue.
Under the substitute described in the committee record, internet gaming operators would be subject to a 20% tax on adjusted gross Internet gaming revenue. Five percent of the taxed amount would be deposited in a problem-gambling treatment and support fund through 2037. The transcript records the substitute language and the committee vote to report the bill, 14–8.
The committee’s action forwards the bill to the next stage of consideration. The transcript does not provide detailed revenue estimates, licensing structure, enforcement details or an effective date; those details would be developed during floor consideration, fiscal-impact review, and potential conference with other stakeholders.