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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 and in addition to the current distribution required under law, 0.0125 percent each shall be distributed to the Shenandoah County Agricultural Foundation and the Great Meadow Foundation to support the promotion, education, maintenance, and safety of horse racing at such facilities. The bill also increases the distribution percentage provided from the amount that a horse racing licensee retains from wagering on historical horse racing pools to the Problem Gambling Treatment and Support Fund from 0.01 percent to 0.025 percent.
Introduced
Jan 4, 2025
Last Action
Feb 11, 2025
Session
VA 2025
Sponsors
1 primary · 4 co
Passed by indefinitely in Finance and Appropriations (14-Y 1-N)
Reported from General Laws and Technology and rereferred to Finance and Appropriations (13-Y 0-N)
Referred to Committee on General Laws and Technology
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (96-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (HB1742)
Printed as engrossed 25104988D-EH1
Appropriations Amendments agreed to
Engrossed by House - committee substitute as amended
Moved from Uncontested Calendar to Regular Calendar
Read second time
General Laws Substitute agreed to
Read first time
Reported from Appropriations with amendment(s) (22-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (HB1742)
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
Assigned Approps sub: Commerce Agriculture & Natural Resources
Reported from General Laws with substitute and referred to Appropriations (22-Y 0-N)
Committee substitute printed 25104988D-H1
Subcommittee recommends reporting with substitute and referred to Appropriations (8-Y 0-N)
Assigned GL sub: ABC/Gaming
Prefiled and ordered printed; Offered 01-08-2025 25102440D
Referred to Committee on General Laws
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (14-Y 1-N)
David A. Reid