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HB843

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

Status:
Enacted

Chief Patron:
Terry Austin (R)

Session:
2024 Regular Session

Summary

As Introduced. 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 SB 426. (Less)
  • Bill History

  • 01/09/2024 - House: Prefiled and ordered printed; offered 01/10/24 24100586D
  • 01/09/2024 - House: Referred to Committee on General Laws
  • 01/15/2024 - House: Impact statement from DPB (HB843)
  • 01/26/2024 - House: Assigned GL sub: ABC/Gaming
  • 01/30/2024 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 02/01/2024 - House: Reported from General Laws (22-Y 0-N)
  • 02/05/2024 - House: Read first time
  • 02/06/2024 - House: Read second time and engrossed
  • 02/07/2024 - House: Read third time and passed House (89-Y 11-N)
  • 02/07/2024 - House: VOTE: Passage (89-Y 11-N)
  • 02/08/2024 - Senate: Constitutional reading dispensed
  • 02/08/2024 - Senate: Referred to Committee on General Laws and Technology
  • 02/14/2024 - Senate: Reported from General Laws and Technology (15-Y 0-N)
  • 02/16/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
  • 02/19/2024 - Senate: Read third time
  • 02/19/2024 - Senate: Passed Senate (39-Y 0-N)
  • 02/22/2024 - House: Enrolled
  • 02/22/2024 - House: Bill text as passed House and Senate (HB843ER)
  • 02/22/2024 - House: Signed by Speaker
  • 02/23/2024 - House: Impact statement from DPB (HB843ER)
  • 02/25/2024 - Senate: Signed by President
  • 03/01/2024 - House: Enrolled Bill communicated to Governor on March 1, 2024
  • 03/01/2024 - Governor: Governor's Action Deadline 11:59 p.m., March 8, 2024
  • 03/08/2024 - Governor: Approved by Governor-Chapter 53 (effective 7/1/24)
  • 03/08/2024 - Governor: Acts of Assembly Chapter text (CHAP0053)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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