Javascript is required to run this page

SB864

Horse racing and pari-mutuel wagering; amends definition of breakage.

Status:
Killed

Chief Patron:
Bryce Reeves (R)

Session:
2025 Regular Session

Summary

As Introduced. Horse racing and pari-mutuel wagering; breakage.

Amends the definition of 'breakage' for the purposes of horse racing other than historical horse racing to mean the odd cents by which the amount payable on each dollar wagered exceeds one cent ($0.01). The bill also provides that 100 percent of the legitimate breakage from each pari-mutuel pool for historical horse racing shall be distributed to the Problem Gambling Treatment and Support Fund. (Less)
  • Bill History

  • 01/03/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25103020D
  • 01/03/2025 - Senate: Referred to Committee on General Laws and Technology
  • 01/20/2025 - Senate: Assigned GL&T sub: Gaming
  • 01/22/2025 - Senate: Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)
  • 01/22/2025 - Senate: Rereferred to Finance and Appropriations
  • 01/22/2025 - Senate: Committee substitute printed 25105374D-S1
  • 01/28/2025 - Senate: Passed by indefinitely in Finance and Appropriations (8-Y 7-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


See other bills related to: