HB 5464
West Virginia First Live Racing Jobs Act of 2026
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- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the West Virginia First Live Racing Jobs Act of 2026, aims to modify West Virginia’s horse racing regulations. It defines ‘West Virginia Certified Thoroughbred horses,’ establishes requirements for races involving these horses, and increases funding for restricted races at racetracks. Specifically, it allows racetracks that didn’t participate in the West Virginia Development Fund before December 31, 1992, to receive increased funding for these races, and adjusts the distribution of net terminal income from video lottery operations to various state funds and counties.
Key provisions
- Defines ‘West Virginia Certified Thoroughbred’ horses with specific registration and residency requirements.
- Sets requirements and purse calculations for races involving ‘West Virginia Certified Thoroughbred’ horses.
- Increases funding for restricted races at racetracks that didn't participate in the West Virginia Development Fund prior to 1992.
- Adjusts the distribution of net terminal income from video lottery operations to various state funds and counties.
- Allows interstate simulcasting of horse races.
- Establishes a West Virginia Thoroughbred Development Fund.
- Provides for a special fund to support racetrack employees' pension plans.
- Details the allocation of funds to the Tourism Promotion Fund, Capitol Renovation Fund, and other designated funds.
Who is affected
- Horse breeders and owners in West Virginia
- Horse racetracks in West Virginia
- The West Virginia Racing Commission
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