VA HB574 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 11 2022 - 100% progression
Action: 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0511)
Text: Latest bill text (Chaptered) [HTML]

Summary

Wagering on historical horse racing; licensee retained funds for distribution to Problem Gambling Treatment and Support Fund and localities. Provides that with respect to the first 3,000 authorized terminals, 0.01 percent of the amount that a horse racing licensee retains from wagering on historical horse racing pools shall be deposited in the Problem Gambling Treatment and Support Fund. The bill reduces from 0.75 to 0.74 the percentage of such retained amount that accrues to the general fund. The bill also provides that with respect to the 2,000 terminals authorized by the 2020 Session of the General Assembly, a horse racing licensee shall retain 1.6 percent from wagering on historical horse racing pools, to be distributed as follows: 0.95 percent of such retained amount to the Commonwealth as a license tax, 0.01 percent to the Problem Gambling Treatment and Support Fund, and (i) if generated at a racetrack, 0.64 percent to the locality in which the racetrack is located or (ii) if generated at a satellite facility, 0.32 percent to the locality in which the satellite facility is located and 0.32 percent to the Virginia locality in which the racetrack is located. Wagering on historical horse racing; licensee retained funds for distribution to Problem Gambling Treatment and Support Fund and localities. Provides that with respect to the first 3,000 authorized terminals, 0.01 percent of the amount that a horse racing licensee retains from wagering on historical horse racing pools shall be deposited in the Problem Gambling Treatment and Support Fund. The bill reduces from 0.75 to 0.74 the percentage of such retained amount that accrues to the general fund. The bill also provides that with respect to the 2,000 terminals authorized by the 2020 Session of the General Assembly, a horse racing licensee shall retain 1.6 percent from wagering on historical horse racing pools, to be distributed as follows: 0.95 percent of such retained amount to the Commonwealth as a license tax, 0.01 percent to the Problem Gambling Treatment and Support Fund, and (i) if generated at a racetrack, 0.64 percent to the locality in which the racetrack is located or (ii) if generated at a satellite facility, 0.32 percent to the locality in which the satellite facility is located and 0.32 percent to the Virginia locality in which the racetrack is located.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Horse racing tax; wagers to be deposited in Problem Gambling Trust and Support Fund, etc.

Sponsors


Roll Calls

2022-03-02 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-02 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-01 - Senate - Senate: Reported from General Laws and Technology (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-15 - House - House: VOTE: Block Vote Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-09 - House - House: Reported from Appropriations (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-09 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-03 - House - House: Reported from General Laws with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-01 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-04-11 Governor: Acts of Assembly Chapter text (CHAP0511)
2022-04-11 Governor: Approved by Governor-Chapter 511 (effective 7/1/22)
2022-03-22 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
2022-03-22HouseEnrolled Bill communicated to Governor on March 22, 2022
2022-03-08SenateSigned by President
2022-03-08HouseSigned by Speaker
2022-03-07HouseBill text as passed House and Senate (HB574ER)
2022-03-07HouseEnrolled
2022-03-02SenatePassed Senate (40-Y 0-N)
2022-03-02SenateRead third time
2022-03-02SenateConstitutional reading dispensed (40-Y 0-N)
2022-03-01SenateReported from General Laws and Technology (11-Y 0-N)
2022-02-16SenateReferred to Committee on General Laws and Technology
2022-02-16SenateConstitutional reading dispensed
2022-02-15HouseVOTE: Block Vote Passage (100-Y 0-N)
2022-02-15HouseRead third time and passed House BLOCK VOTE (100-Y 0-N)
2022-02-14HouseEngrossed by House - committee substitute HB574H1
2022-02-14HouseCommittee substitute agreed to 22104956D-H1
2022-02-14HouseRead second time
2022-02-11HouseRead first time
2022-02-09HouseReported from Appropriations (22-Y 0-N)
2022-02-09HouseSubcommittee recommends reporting (8-Y 0-N)
2022-02-04HouseAssigned App. sub: Commerce Agriculture & Natural Resources
2022-02-03HouseReferred to Committee on Appropriations
2022-02-03HouseCommittee substitute printed 22104956D-H1
2022-02-03HouseReported from General Laws with substitute (21-Y 0-N)
2022-02-01HouseSubcommittee recommends referring to Committee on Appropriations
2022-02-01HouseSubcommittee recommends reporting with substitute (8-Y 0-N)
2022-01-26HouseAssigned GL sub: Subcommittee #3
2022-01-11HouseReferred to Committee on General Laws
2022-01-11HousePrefiled and ordered printed; offered 01/12/22 22103757D

Subjects


Code Citations

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

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB574
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB574+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB574H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB574ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0511+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22104956D.pdf
Amendmenthttps://committees.lis.virginia.gov/pdfs/22104956D.pdf
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB574F122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB574FH1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB574FER122+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H1103V0012+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H11V0057+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H0201V0031+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H02V0082+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+HV0845+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+S12V0151+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0681HB0574+HB0574
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0682HB0574+HB0574

Bill Comments

feedback