11 Va. Admin. Code § 10-20-140

Current through Register Vol. 41, No. 8, December 2, 2024

Section 11VAC10-20-140 - Disclosure of impact of facilities

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

1. Economic impact, giving:

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

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

c. Public and private investment; and

d. State 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 horse racing facility would be located.

11 Va. Admin. Code § 10-20-140

Derived from VR662-01-02 § 2.13, eff. March 14, 1990; amended, Virginia Register Volume 6, Issue 13, eff. April 25, 1990; Volume 10, Issue 13, eff. April 20, 1994.

Statutory Authority

§ 59.1-369 of the Code of Virginia.