West Virginia § 29-22C-27a Changes in distribution of adjusted gross receipts; distributions from excess lottery fund

West Virginia Statutes

§ 29-22C-27a — Changes in distribution of adjusted gross receipts; distributions from excess lottery fund

West Virginia·Ch. 29 MISCELLANEOUS BOARDS AND OFFICERS·Art. 22C WEST VIRGINIA LOTTERY RACETRACK TABLE GAMES ACT

(a)Notwithstanding any provision of §29-22C-27 of this code to the contrary, for the fiscal year beginning July 1, 2014, and each fiscal year thereafter, the distribution directed pursuant to subdivision (1), subsection (d) of that section shall be reduced by 100 percent.

(b)The total amount of reductions resulting from subsection (a) of this section shall be paid into the State Excess Lottery Revenue Fund created in §29-22-18a of this code.

(c)Notwithstanding any other provision of this code to the contrary, for the fiscal year beginning July 1, 2014, and each fiscal year thereafter, moneys deposited to the State Excess Lottery Revenue Fund pursuant to this section shall be expended by the Lottery in accordance with appropriations.

(d)Prior to payment of any appropriation made purs

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Notwithstanding any provision of §29-22C-27 of this code to the contrary, for the fiscal year beginning July 1, 2014, and each fiscal year thereafter, the distribution directed pursuant to subdivision (1), subsection (d) of that section shall be reduced by 100 percent.

(b) The total amount of reductions resulting from subsection (a) of this section shall be paid into the State Excess Lottery Revenue Fund created in §29-22-18a of this code.

(c) Notwithstanding any other provision of this code to the contrary, for the fiscal year beginning July 1, 2014, and each fiscal year thereafter, moneys deposited to the State Excess Lottery Revenue Fund pursuant to this section shall be expended by the Lottery in accordance with appropriations.

(d) Prior to payment of any appropriation made pursuant to this section, debt service payments payable from the State Excess Lottery Fund shall first be paid in accordance with the provisions of §29-22-18a, §29-22-18d, and §29-22-18e of this code and in the priority as defined by §29-22-18f(c) of this code.

(e) Notwithstanding any other provision of this code to the contrary, after payment of debt service from the State Excess Lottery Revenue Fund, all other distributions required by §29-22-18a of this code and the distributions appropriated pursuant to this section shall be paid on a pro rata basis.

West Virginia § 29-22C-27a (Changes in distribution of adjusted gross receipts; distributions from excess lottery fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

2025 Reg. Sess., SB75; 2024 Reg. Sess., HB4640; 2023 Reg. Sess., HB3464; 2017 Reg. Sess., SB437; 2016 Reg. Sess., SB641; 2016 Reg. Sess., HB101; 2014 Reg. Sess., HB4333