VA SB533 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2020 - 25% progression
Action: 2020-02-05 - Continued to 2021 in General Laws and Technology (15-Y 0-N)
Pending: Senate General Laws and Technology Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Pari-mutuel wagering; breakage; distribution for problem gambling treatment and support; creation of Problem Gambling Treatment and Support Fund. Alters the required distribution of the legitimate breakage from each pari-mutuel pool for live, historical, and simulcast horse racing by requiring that 80 percent be deposited in the Problem Gambling Treatment and Support Fund, created by the bill, and 20 percent be deposited in the Racing Benevolence Fund for gambling addiction and substance abuse counseling or recreational, educational, nutritional, or other related programs. Under current law, 70 percent of the breakage is required to be distributed to the horse racing licensee to be used for capital improvements and 30 percent of the breakage is required to be distributed to the Racing Benevolence Fund for gambling addiction and substance abuse counseling or recreational, educational, or other related programs. The Problem Gambling Treatment and Support Fund, administered by the Department of Behavioral Health and Developmental Services, would be used to provide counseling to compulsive gamblers, implement problem gambling treatment and prevention programs, and provide grants to organizations that assist problem gamblers.

Tracking Information

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Title

Pari-mutuel wagering; breakage, distribution for problem gambling treatment and support.

Sponsors


Roll Calls

2020-02-05 - Senate - Senate: Continued to 2021 in General Laws and Technology (15-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-05SenateContinued to 2021 in General Laws and Technology (15-Y 0-N)
2020-01-30SenateAssigned GL&T sub: Gaming
2020-01-07SenateReferred to Committee on General Laws and Technology
2020-01-07SenatePrefiled and ordered printed; offered 01/08/20 20103554D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
372304(n/a)See Bill Text
372314.1(n/a)See Bill Text
591392(n/a)See Bill Text

Virginia State Sources


Bill Comments

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