The bill amends West Virginia Code §29-22B-1406, which pertains to the examination of financial records by the Lottery Commission for limited video lottery permittees. The new legal language clarifies that the commission has the right to examine all accounts, bank accounts, financial statements, and records that are specifically related to the limited video lottery business under the permittee's control or interest. Additionally, it mandates that licensed permittees must authorize third parties who hold or control these accounts or records to permit the commission to conduct examinations.

This amendment aims to streamline the examination process and ensure that the Lottery Commission can effectively oversee the financial activities of permittees while maintaining a clear scope of what records are subject to examination. The bill is set to take effect 90 days after its passage, which is on July 8, 2025.

Statutes affected:
Introduced Version: 29-22B-1406
Engrossed Version: 29-22B-1406
Enrolled Version: 29-22B-1406