RECONVENED SESSION REENROLLED VIRGINIA ACTS OF ASSEMBLY --–– 2024 RECONVENED SESSION CHAPTER 798R An Act to amend and reenact §§ 58.1-4107 and 58.1-4123 of the Code of Virginia, relating to casino gaming;

E N [S 628] Approved AprilR 17,O 20241. Be it enacted by the General Assembly of Virginia:

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Any city (i) in which at least 40 percent of the assessed value of all real estate in suchsucE city is exempt from local property taxation, according to the Virginia Department of Taxation Annual Report for Fiscal Year 2018, and (ii) that experienced a population decrease of at least seven percentpercentDfrom from 1990 to 2.2016, according to data provided by the U.S.

AnyCensus cityBureau; that had (i) an annual unemployment rate of at least five percent in 2018, according to data provided by the U.S.

data provided by the U.S.

and (iii) a population decrease of at least 20 percent from 1990 to 2016, according to data provided by the U.S.

(iii) experienced a populationpopuSation decrease of at least four percent from 1990 to 2016, according to data provided by the U.S.

CensusCen6us Bureau;Development District Act;ed adjacent to a state that has adopted a Border Region Retail Tourism8 4.

and (iv) is located adjacent to a state that has adopted a Border Region Retail Tourism Development District Act;

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(ii) in which at least 24 percent of the assessed value of all real estate in such city is exempt from local property taxation, according to the Virginia Department of Taxation Annual Report for Fiscal Year 2018;

and 5.from the Weldon Cooper Center for Public Service of the University of Virginia;

Any(ii) cityin (i)which withat aleast population24 greater17 thanpercent 200,000of accordingthe toassessed thevalue 2018of populationall estimatesreal fromestate thein Weldonsuch Coopercity Centeris forexempt Publicfrom Servicelocal ofproperty taxation, according to the UniversityVirginia Department of Virginia;Taxation Annual Report for Fiscal Year 2018 2016;

(ii) in which at least 17 percent of the assessed value of all real estate in such city is exempt from local property taxation, according to the Virginia Department of Taxation Annual Report for Fiscal Year 2018 2016;

In selecting a preferred casino gaming operator, an eligible host city shall have considered and givengiv1. substantial weight to factors such as:

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6.for community reinvestment and redevelopment in an area in need of such.lishment and the potential 7.

The economic development value of the proposed casino gaming establishment and the potential for community reinvestment and redevelopment in an area in need of such.

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The proposer's status as a minority-owned business as defined in § 2.2-1604 or the proposer's commitment to solicit equity investment in the proposed casino gaming establishment from one or more minority-owned businesses andfor the proposer'spurchase commitmentof goods and services.tment to solicit contracts with minority-owned businessesC. for the purchase of goods and services.

C.The Department shall, upon request of any eligible host city, provide a list of resources that may of 3 be of assistance in evaluating the technical merits of any proposal submitted pursuant to this section, provided that selection of the preferred casino gaming operator shall be at the city's sole discretion.

TheD. Department shall, upon request of any eligible host city, provide a list of resources that may be of assistance in evaluating the technical merits of any proposal submitted pursuant to this section, provided that selection of the preferred casino gaming operator shall be at the city's sole discretion.

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The governing body of any eligible host city that holds a local referendum pursuant to this of 3 section that subsequently fails shall be prohibited from holding another local referendum on the same question for a period of three years from the date of the last referendum.reRerendum.

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