SB 864

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 03, 2025
  • Senate
  • House
  • Governor

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

Abstract

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.

A BILL to amend and reenact ยงยง 59.1-365 and 59.1-392 of the Code of Virginia, relating to horse racing and pari-mutuel wagering; breakage.

Bill Sponsors (2)

Votes


Actions


Jan 28, 2025

Senate

Passed by indefinitely in Finance and Appropriations (8-Y 7-N)

Jan 22, 2025

Senate

Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)

Senate

Committee substitute printed 25105374D-S1

Jan 20, 2025

Senate

Assigned GL&T sub: Gaming

Jan 03, 2025

Senate

Prefiled and ordered printed; Offered 01-08-2025 25103020D

Senate

Referred to Committee on General Laws and Technology

Bill Text

Bill Text Versions Format
General Laws and Technology Substitute HTML PDF
Introduced HTML PDF

Related Documents

Document Format
Unknown PDF

Sources

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