Va. Small Business Economic Dev. Act; established, regulation and taxation of skill game machines.

Corrected the section numbering for the new gaming chapter in Title 58.1, changing the final section from 58.1-4226 to 58.1-4225.

Adjusted the bill's summary description to reflect the corrected section numbers and the addition of the new Title 59.1 section.

Added a new section in Title 59.1 (59.1-614) to address penalties related to gaming, though the specific text of this new section is not provided in the diff.

The bill title and scope changed from the 'Virginia Small Business Economic Development Act' (focused solely on skill games) to a broader 'Gaming Commerce and Development' act, indicating a shift in legislative intent or a merger with other gaming-related bills.

New sections were added to Title 58.1 (Chapter 42) and Title 19.2 (Section 19.2-386.30:1) to regulate general gaming commerce, expanding the bill beyond just skill game machines.

A detailed provisional licensing system was added, allowing the Authority to issue temporary licenses starting July 1, 2026, with specific fees and reporting requirements to operate until final Board regulations are adopted.

New provisions were added to § 2.2-3711 regarding closed meetings, expanding the circumstances under which public bodies can hold closed sessions, including discussions on gaming commerce.

The definition of 'Racketeering activity' in § 18.2-513 was modified to explicitly include the new gaming-related offenses (such as operating unregistered skill game machines) as predicate acts.

The timeline for implementation was adjusted; while the original draft mentioned a 30-day comment period, the enrolled version specifies a 30-day comment period for proposed regulations and sets the provisional license guidelines effective date as July 15, 2026.