2011 Code of Virginia
Title 59.1 TRADE AND COMMERCE.
Chapter 29 Horse Racing and Pari-Mutuel Wagering (59.1-364 thru 59.1-405)
59.1-378.1 Licensing of owners or operators of certain pari-mutuel facilities
59.1-378.1. Licensing of owners or operators of certain pari-mutuel facilities.
A. Notwithstanding the provisions of 59.1-391, the Commission may grant a license, for a duration to be determined by the Commission, to the owner or operator of a steeplechase facility for the purpose of conducting pari-mutuel wagering on steeplechase race meetings at that facility for a period not to exceed fourteen days in any calendar year, provided that, prior to making application for such license, (i) the steeplechase facility has been sanctioned by the Virginia Steeplechase Association or National Steeplechase Association and (ii) the owner or operator of such facility has been granted tax-exempt status under 501 (c) (3) or (4) of the Internal Revenue Code. For purposes of this section, "steeplechase facility" means a turf racecourse constructed over natural ground which is utilized primarily for races where horses jump over fences.
B. In deciding whether to grant any license pursuant to this section, the Commission shall consider (i) the results of, circumstances surrounding, and issues involved in any referendum conducted under the provisions of 59.1-391 and (ii) whether the Commission had previously granted a license to such facility, owner, or operator.
C. In no event shall the Commission issue more than twelve licenses in a calendar year pursuant to this section.
(1996, cc. 663, 750; 2000, c. 1002.)
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