Virginia Administrative Code
Title 11 - GAMING
Agency 10 - VIRGINIA RACING COMMISSION
Chapter 40 - SATELLITE FACILITIES
Part II - Application for a License
Section 11VAC10-40-260 - Disclosure of impact of the satellite facility

Universal Citation: 1 VA Admin Code 10-40-260

Current through Register Vol. 41, No. 3, September 23, 2024

An applicant for a license must disclose and document the projected impact of satellite facility, including:

1. Economic impact, giving:

a. Number of jobs created, permanent or temporary, type of work, compensation, employer, gender, and race;

b. Purchases of goods and services, types of purchases, and projected expenditures;

c. Public investment and private investment; and

d. State tax revenues generated and local tax revenues generated;

2. Environmental impact;

3. Impact on energy conservation and development of alternative energy sources; and

4. Social impact on the community in which the facility would be located.

Statutory Authority

§ 59.1-369 of the Code of Virginia.

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