2004 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Cline
Virginia Racing Commission (language only)

Item 133 #1h

Item 133 #1h

Commerce And Trade
Virginia Racing Commission

Page 89, after line 37, insert:
"E.  In addition to the distribution formula set out in §§ 59.1-392 C., Code of Virginia,  ten one-hundreths percent
of the pari-mutuel pools generated by wagering at each Virginia satellite facility on live horse racing conducted within the Commonwealth, involving win, place and show wagering shall be distributed to the Virginia Horse Center Foundation."

(This amendment directs one-tenth of one percent of the off-track betting revenues to be dedicated to the Virginia Horse Center Foundation.)