West Virginia SB1060: Providing WV certified thoroughbred eligibility and increase restricted race caps

What the bill says

An act to amend and reenact §19-23-3, §19-23-12c, §19-23-13b, §29-22A-10, and §29-22A-10b of the Code of West Virginia, 1931, as amended, relating to horse and greyhound racing; providing a definition; setting requirements and purse calculations for West Virginia-certified thoroughbred horses to race in restricted races; changing distribution of funds required from interstate simulcasts; providing eligibility requirements for West Virginia-accredited restricted races; increasing the $1 million cap on funding of restricted races by thoroughbred horse racetracks that did not participate in the W.

From the enrolled text, March 9, 2026:

AN ACT to amend and reenact §19-23-3, §19-23-12c, §19-23-13b, §29-22A-10, and §29-22A-10b of the Code of West Virginia, 1931, as amended, relating to horse and greyhound racing; providing a definition; setting requirements and purse calculations for West Virginia-certified thoroughbred horses to race in restricted races; changing distribution of funds required from interstate simulcasts; providing eligibility requirements for West Virginia-accredited restricted races; increasing the $1 million cap on funding of restricted races by thoroughbred horse racetracks that did not participate in the West Virginia Development Fund for a period of not more than four consecutive years prior to December 31, 1992; and modifying distribution scheme of net terminal income and excess net terminal income of racetrack video lottery. chapter 19. agriculture. article 23. horse and dog racing. §19-23-3. Definitions. Unless the context clearly requires a different meaning, as used in this (2) "Thoroughbred racing" means flat or running type horse racing in which each horse participating is a thoroughbred and mounted by a jockey; (3) "Harness racing" means horse racing in which the horses participating are harnessed to a sulky, carriage or other vehicle and does not include any form of horse racing in which the horses are mounted by jockeys; (4) "Horse race meeting" means the whole period of time for which a license is required by the provisions of …

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