Pari-mutuel wagering; historical horse racing, percentage retained for distribution. (SB426)

Introduced By

Sen. Creigh Deeds (D-Charlottesville)

Progress

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

Description

Pari-mutuel wagering; historical horse racing; percentage retained for distribution. Provides that with respect to all authorized historical horse racing terminals, of the amount that a horse racing licensee retains from wagering on historical horse racing pools, 0.025 percent shall be provided to each of the following: (i) the Virginia Breeders Fund; (ii) the Virginia-Maryland Regional College of Veterinary Medicine, for its equine programs; (iii) the Virginia Horse Center Foundation; and (iv) the Virginia Horse Industry Board. The bill also provides that, in addition to the amount horse racing licensees distribute to localities and the Problem Gambling Treatment and Support Fund under current law, such licensees shall distribute the remainder of the percentage retained to the Commonwealth as a license tax. This bill is identical to HB 843. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2024Prefiled and ordered printed; offered 01/10/24 24100426D
01/09/2024Referred to Committee on General Laws and Technology
01/15/2024Impact statement from DPB (SB426)
01/22/2024Assigned GL&T sub: Gaming
01/24/2024Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
01/26/2024Constitutional reading dispensed (37-Y 0-N) (see vote tally)
01/29/2024Read second time and engrossed
01/30/2024Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/13/2024Placed on Calendar
02/13/2024Read first time
02/13/2024Referred to Committee on General Laws
02/15/2024Reported from General Laws (22-Y 0-N) (see vote tally)
02/19/2024Read second time
02/20/2024Read third time
02/20/2024Passed House (88-Y 11-N)
02/20/2024VOTE: Passage (88-Y 11-N) (see vote tally)
02/26/2024Enrolled
02/26/2024Bill text as passed Senate and House (SB426ER)
02/26/2024Impact statement from DPB (SB426ER)
02/26/2024Signed by Speaker
02/29/2024Signed by President
03/11/2024Enrolled Bill Communicated to Governor on March 11, 2024
03/11/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
04/04/2024G Approved by Governor-Chapter 506 (effective 7/1/24)

Duplicate Bills

The following bills are identical to this one: HB843.

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