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Home » US Law » 2022 West Virginia Code » Chapter 29. Miscellaneous Boards and Officers » Article 22A. Racetrack Video Lottery » §29-22A-10b. Distribution of Excess Net Terminal Income

(a) For all years beginning on or after July 1, 2001, any amount of net terminal income generated annually by a licensed racetrack in excess of the amount of net terminal income generated by that licensed racetrack during the fiscal year ending on June 30, 2001, shall be divided as follows:

(1) The Commission shall receive forty-one percent of net terminal income, which the Commission shall deposit in the state Excess Lottery Revenue Fund created in section eighteen-a, article twenty-two of this chapter;