West Virginia Senate Bill 577 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on March 10 2017 - 25% progression, died in committee
Action: 2017-03-10 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to provide for the licensing of advance deposit wagering. The bill provides for source market fees. The bill provides for the distribution of those fees from wagers made by account holders but not within thirty miles of any licensed racing association, for distribution of those fees from wagers made by account holders located within thirty miles of a licensed racing association, and for distribution of those fees from wagers made by account holders located within thirty miles of two or more licensed racing associations. The bill provides for regulatory authority in the Racing Commission over advance deposit wagering. The bill provides for the assessment and imposition of regulatory fees and taxes on advance deposit wagering licensees' wagering by account holders and for the distribution of the fees and taxes. The bill prohibits advance deposit wagering in West Virginia unless conducted through an advance deposit wagering licensee or as otherwise provided by law. The bill provides for criminal penalties for accepting or attempting to accept advance deposit wagers without a license and provides authority for the Racing Commission to seek civil remedies and damages. The bill and provides that all advance deposit wagers placed by residents within the state is considered to be wagering within West Virginia subject to the laws of this state and rules of the Racing Commission. The bill authorizes rule-making. The bill defines terms.

Licensing of advance deposit wagering

Sen. Patricia Rucker [R]	Sen. Craig Blair [R]	Sen. Charles Clements [R]	Sen. Mark Maynard [R]
Sen. Richard Ojeda [D]	Sen. John Unger [D]

Date	Chamber	Action
2017-03-10	Senate	To Finance
2017-03-10	Senate	Introduced in Senate
2017-03-10	Senate	To Finance
2017-03-10	Senate	Filed for introduction

HB2913 (Similar To) 2017-03-10 - To House Judiciary

Chapter	Article	Section	Citation Type	Statute Text
19	23	12e	New Code	See Bill Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=577&year=2017&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=sb577%20intr.htm&yr=2017&sesstype=RS&i=577