Racing Commission; allocations from simulcast horse racing. (SB655)

Introduced By

Sen. Mark Herring (D-Leesburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Racing Commission; simulcast horse racing; allocations. Authorizes wagering on historical horse racing. The bill also allocates the proceeds from such racing with 35 and one-half percent of the proceeds distributed to the Commonwealth Transportation Trust Fund and the remaining 64 and one-half percent distributed to other entities. In addition, the bill requires (i) the existing racetrack to provide gambling educational programs including information on the availability of gambling addiction counseling and (ii) the promulgation of emergency regulations. Read the Bill »

Status

02/10/2010: Merged into SB513

History

DateAction
01/20/2010Presented and ordered printed 10103658D
01/20/2010Referred to Committee on General Laws and Technology
02/01/2010Impact statement from DPB (SB655)
02/10/2010Incorporated by General Laws and Technology (SB513-Norment) (10-Y 4-N) (see vote tally)

Comments

Waldo Jaquith writes:

Who in the world would place a wager on a horse race that had already been run? And who would accept such a wager? What possible purpose could that serve?