SB426
Pari-mutuel wagering; historical horse racing, percentage retained for distribution.
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, ... (More) 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. (Less)-
Bill History
- 01/09/2024 - Senate: Prefiled and ordered printed; offered 01/10/24 24100426D
- 01/09/2024 - Senate: Referred to Committee on General Laws and Technology
- 01/15/2024 - Senate: Impact statement from DPB (SB426)
- 01/22/2024 - Senate: Assigned GL&T sub: Gaming
- 01/24/2024 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 01/26/2024 - Senate: Constitutional reading dispensed (37-Y 0-N)
- 01/29/2024 - Senate: Read second time and engrossed
- 01/30/2024 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/13/2024 - House: Placed on Calendar
- 02/13/2024 - House: Read first time
- 02/13/2024 - House: Referred to Committee on General Laws
- 02/15/2024 - House: Reported from General Laws (22-Y 0-N)
- 02/19/2024 - House: Read second time
- 02/20/2024 - House: Read third time
- 02/20/2024 - House: Passed House (88-Y 11-N)
- 02/20/2024 - House: VOTE: Passage (88-Y 11-N)
- 02/26/2024 - Senate: Enrolled
- 02/26/2024 - Senate: Bill text as passed Senate and House (SB426ER)
- 02/26/2024 - Senate: Impact statement from DPB (SB426ER)
- 02/26/2024 - House: Signed by Speaker
- 02/29/2024 - Senate: Signed by President
- 03/11/2024 - Senate: Enrolled Bill Communicated to Governor on March 11, 2024
- 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/04/2024 - Governor: Approved by Governor-Chapter 506 (effective 7/1/24)
- 04/04/2024 - Governor: Acts of Assembly Chapter text (CHAP0506)
