Virginia · 2025 Regular Session · Bill
SB 864: Horse racing and pari-mutuel wagering; amends definition of breakage.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 864 is a bill introduced in the Virginia Senate on January 3, 2025. According to its official title, it concerns: Horse racing and pari-mutuel wagering; amends definition of breakage. Primary sponsor: Bryce Reeves (Republican). It lists 1 additional sponsor. Most recent recorded action (January 28, 2025): Passed by indefinitely in Finance and Appropriations (8-Y 7-N).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Horse racing and pari-mutuel wagering; breakage. Amends the definition of "breakage" for the purposes of horse racing other than historical horse racing to mean the odd cents by which the amount payable on each dollar wagered exceeds one cent ($0.01). The bill also provides that 100 percent of the legitimate breakage from each pari-mutuel pool for historical horse racing shall be distributed to the Problem Gambling Treatment and Support Fund.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bryce Reeves | Primary sponsor | Republican | Senate | 28 |
| Paul Krizek | Co-sponsor | Democratic | House | 16 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Finance and Appropriations (8-Y 7-N)
- Committee substitute printed 25105374D-S1
- Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)
- Assigned GL&T sub: Gaming
- Referred to Committee on General Laws and Technology
- Prefiled and ordered printed; Offered 01-08-2025 25103020D