CHAPTER 522

An Act to amend and reenact § 58-359 of the Code of Virginia, relating to
license taxes on slot machine operators and exemptions. rH 508}

Approved April 5, 1954
Be it enacted by the General Assembly of Virginia:

L That § 58-359 of the Code of Virginia be amended and reenacted as
ollows:

§ 58-359. Every person, firm or corporation selling, leasing, renting
or otherwise furnishing a slot machine or slot machines to others or placing
a slot machine or slot machines with others shall be deemed to be a slot
machine operator. Every slot machine operator, as herein defined, shall
pay for the privilege an annual State license tax of one thousand dollars.
The license tax imposed by this section is not in lieu of, but is in addition
to, the other license taxes imposed by this article.

The slot machine operator’s license tax levied by this section shall
not be applicable to operators of weighing machines, automatic baggage or
parcel checking machines or receptacles, nor to vending machines which
are so constructed as to do nothing but vend merchandise or postage
stamps or provide service only, nor to operators of coin operated musical
machines or musical devices that operate on the coin-in-the-slot principle,
nor to operators of viewing machines or photomat machines, nor operators
of devices or machines affording rides to children.

Operators of cigarette vending machines shall pay a tax of twenty
cents on every one hundred dollars of gross sales, this tax to be assessed
and collected by the State Department of Taxation after the first day of
January and before the fifteenth day of January following the calendar
year in which such business is done, under rules and regulations prescribed
by the Department. The operator shall, before commencing operations in
the State, deposit with the State Tax Commissioner a bond to insure the
proper payment of the taxes, the form and amount of the bond to be deter-
mined by the State Tax Commissioner and the security or surety thereon
to be approved by him.