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WV HB3155
Bill
Status
3/5/2025
Primary Sponsor
Vernon Criss
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AI Summary
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Reduces the annual permit fee from $500 to $100 per video lottery terminal for permit holders whose terminals with higher-performing software versions outperform the lowest 10% by more than $900 in annual net terminal income
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Increases the performance threshold from $500 to $900 in annual net terminal income that higher-performing terminals must exceed compared to the lowest 10% to qualify for the reduced fee
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Requires the West Virginia Lottery to calculate performance based on "like kind terminals" rather than all terminals when determining which software versions qualify for reduced fees
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Updates the calculation period for the May 1, 2025 fee to use data from July 1, 2024 through February 28, 2025
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Maintains the $1,000 annual permit fee for terminals using the 10% lowest performing software versions, with the reduced fee provisions expiring after May 1, 2030
Legislative Description
Relating to the permit fee paid by licensees authorized to own or lease video lottery terminals from a licensed manufacturer
Legal Gaming
Last Action
To House Finance
3/5/2025