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Bill > SB159
VA SB159
VA SB159Pari-mutuel wagering; historical horse racing, percentage retained for distribution.
summary
Introduced
01/07/2026
01/07/2026
In Committee
01/28/2026
01/28/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Regular Session
Bill Summary
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, 0.025 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.
AI Summary
This bill amends existing law regarding pari-mutuel wagering on historical horse racing, which involves betting on the outcomes of past races. Specifically, it increases the percentage of wagering money that horse racing licensees retain and distribute. Of this retained amount, 0.025 percent will now be distributed to both the Shenandoah County Agricultural Foundation and the Great Meadow Foundation to support horse racing activities at their facilities. Additionally, the bill doubles the percentage distributed to the Problem Gambling Treatment and Support Fund, increasing it from 0.01 percent to 0.025 percent, to aid in addressing gambling addiction.
Committee Categories
Budget and Finance, Business and Industry, Justice
Sponsors (1)
Last Action
Continued to next session in Finance and Appropriations (13-Y 2-N) (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/SB159 |
| General Laws and Technology Amendment | https://lis.virginia.gov/bill-details/20261/SB159/text/SB159AS1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB159) | https://lis.blob.core.windows.net/files/1096978.PDF |
| General Laws and Technology Amendment | https://lis.virginia.gov/bill-details/20261/SB159/text/SB159ASC1 |
| Gaming Subcommittee Amendment | https://lis.virginia.gov/bill-details/20261/SB159/text/SB159ASC2 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB159/text/SB159 |
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