|Action||Promulgation of Charitable Gaming Regulations by Department of Agriculture and Consumer Services, including electronic gaming provisions|
|Comment Period||Ended on 11/23/2022|
Understanding our State relies on various taxes to fund State operational and other governmental requirements; a fact of life we have to live with, regardless of our personal stance. But we, the non-profits, that are in business to make money to give it away to our respective organizational charities and those of our supported communities, via Charitable Gaming and other fundraising activities should be either taxed at a reduced rate, if not exempt entirely. The proposed 60/40 split with the Commonwealth is a slap in the face for all we do in the name of Charity.
The non-profit gaming for charity should not be confused with, or placed in the same category with the for-profit casinos sprouting up all over our state. There are many non-profit Charitable Gaming establishments (mostly 501c(x) Virginia Corporations) that could have to close their doors if this bill is passed.