2000 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Callahan
Racing Commission Revenue (language only)

Item 129 #1h

Item 129 #1h

Commerce And Trade
Virginia Racing Commission

Page 83, line 30, strike "shall revert to".
Page 83, line 31, strike "the general fund." and insert:
"shall be allocated by the Commission, in its discretion and in consultation with the organizations representing Virginia breeders and horsemen and with the racetrack licensee, to purses for horse races run in the Commonwealth, to the marketing and promotion of horse racing and breeding in the Commonwealth, or to the Virginia Breeders Fund, or to any combination of the foregoing."

(This amendment authorizes the Commission to retain any excess nongeneral fund revenues instead of reverting such moneys to the general fund. Budget amendment language directs the excess revenues to be used for purses, marketing, deposits to the Virginia Breeders Fund, or any combination of these items.)