{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-372.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-372.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-372.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-372.html"}],"law_id":65716,"edition_id":1,"section_id":65716,"structure_id":14224,"section_number":"59.1-372","catch_line":"Virginia Breeders Fund","history":"1988, c. 855; 1993, c. 146; 1997, c. 798; 2002, c. 852; 2023, c. 356.","full_text":"There is hereby created within the State Treasury the Virginia Breeders Fund, which Fund, together with the interest thereon, shall be administered in whole or in part by the Commission or by an entity designated by the Commission. The cost of administering and promoting the Fund shall be deducted from the Fund, and the balance shall be disbursed by the Commission or designated entity to the breeders of Virginia-bred horses that finish first, second, or third in races at race meetings designated by the Commission, to the owners of Virginia sires of Virginia-bred horses that finish first, second, or third in races at race meetings designated by the Commission, to the owners of Virginia-bred horses that win or earn purse money in nonrestricted races at racetracks in Virginia licensed by the Commission, to the owners of Virginia-bred horses that win races at race meetings designated by the Commission and for purses for races restricted to Virginia-bred or Virginia-sired horses or both at race meetings designated by the Commission. To assist it in establishing this awards and incentive program to foster the industry of breeding racehorses in Virginia, the Commission shall appoint an advisory committee composed of two members from each of the registered breed associations representing each breed of horse participating in the Fund program, one member representing the owners and operators of racetracks and one member representing all of the meets sanctioned by the National Steeplechase Association.","order_by":null,"text":{"0":{"id":238895,"text":"There is hereby created within the State Treasury the Virginia Breeders Fund, which Fund, together with the interest thereon, shall be administered in whole or in part by the Commission or by an entity designated by the Commission. The cost of administering and promoting the Fund shall be deducted from the Fund, and the balance shall be disbursed by the Commission or designated entity to the breeders of Virginia-bred horses that finish first, second, or third in races at race meetings designated by the Commission, to the owners of Virginia sires of Virginia-bred horses that finish first, second, or third in races at race meetings designated by the Commission, to the owners of Virginia-bred horses that win or earn purse money in nonrestricted races at racetracks in Virginia licensed by the Commission, to the owners of Virginia-bred horses that win races at race meetings designated by the Commission and for purses for races restricted to Virginia-bred or Virginia-sired horses or both at race meetings designated by the Commission. To assist it in establishing this awards and incentive program to foster the industry of breeding racehorses in Virginia, the Commission shall appoint an advisory committee composed of two members from each of the registered breed associations representing each breed of horse participating in the Fund program, one member representing the owners and operators of racetracks and one member representing all of the meets sanctioned by the National Steeplechase Association.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14224,"edition_id":1,"name":"Virginia Racing Commission","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":13336,"metadata":{},"date_created":"2026-06-26 03:47:21","date_modified":"2026-06-26 03:47:21","permalink":{"id":261049,"object_type":"structure","relational_id":14224,"identifier":"1","token":"59.1\/29\/1","url":"\/59.1\/29\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13336,"edition_id":1,"name":"Horse Racing and Pari-Mutuel Wagering","identifier":"29","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:44:40","date_modified":"2026-06-26 03:44:40","permalink":{"id":261047,"object_type":"structure","relational_id":13336,"identifier":"29","token":"59.1\/29","url":"\/59.1\/29\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":80702,"structure_id":14224,"section_number":"59.1-364","catch_line":"Control of racing with pari-mutuel wagering","url":"\/59.1-364\/","token":"59.1\/29\/1\/59.1-364","metadata":false},{"id":63550,"structure_id":14224,"section_number":"59.1-365","catch_line":"Definitions","url":"\/59.1-365\/","token":"59.1\/29\/1\/59.1-365","metadata":false},{"id":57621,"structure_id":14224,"section_number":"59.1-366","catch_line":"The Virginia Racing Commission created; members","url":"\/59.1-366\/","token":"59.1\/29\/1\/59.1-366","metadata":false},{"id":79521,"structure_id":14224,"section_number":"59.1-367","catch_line":"Legal representation","url":"\/59.1-367\/","token":"59.1\/29\/1\/59.1-367","metadata":false},{"id":55437,"structure_id":14224,"section_number":"59.1-368","catch_line":"Financial interests of Commission members, employees and family members prohibited","url":"\/59.1-368\/","token":"59.1\/29\/1\/59.1-368","metadata":false},{"id":68989,"structure_id":14224,"section_number":"59.1-369","catch_line":"Powers and duties of the Commission","url":"\/59.1-369\/","token":"59.1\/29\/1\/59.1-369","metadata":false},{"id":74538,"structure_id":14224,"section_number":"59.1-370","catch_line":"Commission; Executive Secretary; staff; stewards","url":"\/59.1-370\/","token":"59.1\/29\/1\/59.1-370","metadata":false},{"id":63855,"structure_id":14224,"section_number":"59.1-370.1","catch_line":"State Racing Operations Fund","url":"\/59.1-370.1\/","token":"59.1\/29\/1\/59.1-370.1","metadata":false},{"id":57554,"structure_id":14224,"section_number":"59.1-371","catch_line":"Fingerprints and background investigations; investigations from other states","url":"\/59.1-371\/","token":"59.1\/29\/1\/59.1-371","metadata":false},{"id":65716,"structure_id":14224,"section_number":"59.1-372","catch_line":"Virginia Breeders Fund","url":"\/59.1-372\/","token":"59.1\/29\/1\/59.1-372","metadata":false},{"id":70170,"structure_id":14224,"section_number":"59.1-373","catch_line":"Hearing and appeal","url":"\/59.1-373\/","token":"59.1\/29\/1\/59.1-373","metadata":false},{"id":74814,"structure_id":14224,"section_number":"59.1-374","catch_line":"Injunction","url":"\/59.1-374\/","token":"59.1\/29\/1\/59.1-374","metadata":false}],"previous_section":{"id":57554,"structure_id":14224,"section_number":"59.1-371","catch_line":"Fingerprints and background investigations; investigations from other states","url":"\/59.1-371\/","token":"59.1\/29\/1\/59.1-371","metadata":false},"next_section":{"id":70170,"structure_id":14224,"section_number":"59.1-373","catch_line":"Hearing and appeal","url":"\/59.1-373\/","token":"59.1\/29\/1\/59.1-373","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-372\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 855 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1993, chapter 146; in 1997, chapter 798<\/a>; in 2002, chapter 852<\/a>; in 2023, chapter 356<\/a>.<\/p>","references":[{"id":62780,"section_number":"2.2-4346","catch_line":"Other exemptions for certain transactions","order_by":null,"url":"\/2.2-4346\/"}],"refers_to":false,"permalink":{"id":261087,"object_type":"law","relational_id":65716,"identifier":"59.1-372","token":"59.1\/29\/1\/59.1-372","url":"\/59.1-372\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-372\/","token":"59.1\/29\/1\/59.1-372","dublin_core":{"Title":"Virginia Breeders Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-372","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

There is hereby created within the State Treasury the Virginia Breeders Fund<\/span>, which Fund, together with the interest thereon, shall be administered in whole or in part by the Commission<\/span> or by an entity designated by the Commission<\/span>. The cost of administering and promoting the Fund shall be deducted from the Fund, and the balance shall be disbursed by the Commission<\/span> or designated entity to the breeders of Virginia-bred horses that finish first, second, or third in races at race meetings<\/span> designated by the Commission<\/span>, to the owners of Virginia sires of Virginia-bred horses that finish first, second, or third in races at race meetings<\/span> designated by the Commission<\/span>, to the owners of Virginia-bred horses that win or earn purse money in nonrestricted races at racetracks<\/span> in Virginia licensed by the Commission<\/span>, to the owners of Virginia-bred horses that win races at race meetings<\/span> designated by the Commission<\/span> and for purses for races restricted to Virginia-bred or Virginia-sired horses or both at race meetings<\/span> designated by the Commission<\/span>. To assist it in establishing this awards and incentive program to foster the industry of breeding racehorses in Virginia, the Commission<\/span> shall appoint an advisory committee composed of two members<\/span> from each of the registered breed associations representing each breed of horse participating in the Fund program, one member<\/span> representing the owners and operators of racetracks<\/span> and one member<\/span> representing all of the meets sanctioned by the National Steeplechase Association.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVIRGINIA BREEDERS FUND (\u00a7 59.1-372)\n\nThere is hereby created within the State Treasury the Virginia Breeders Fund,\nwhich Fund, together with the interest thereon, shall be administered in whole\nor in part by the Commission or by an entity designated by the Commission. The\ncost of administering and promoting the Fund shall be deducted from the Fund,\nand the balance shall be disbursed by the Commission or designated entity to the\nbreeders of Virginia-bred horses that finish first, second, or third in races at\nrace meetings designated by the Commission, to the owners of Virginia sires of\nVirginia-bred horses that finish first, second, or third in races at race\nmeetings designated by the Commission, to the owners of Virginia-bred horses\nthat win or earn purse money in nonrestricted races at racetracks in Virginia\nlicensed by the Commission, to the owners of Virginia-bred horses that win races\nat race meetings designated by the Commission and for purses for races\nrestricted to Virginia-bred or Virginia-sired horses or both at race meetings\ndesignated by the Commission. To assist it in establishing this awards and\nincentive program to foster the industry of breeding racehorses in Virginia, the\nCommission shall appoint an advisory committee composed of two members from each\nof the registered breed associations representing each breed of horse\nparticipating in the Fund program, one member representing the owners and\noperators of racetracks and one member representing all of the meets sanctioned\nby the National Steeplechase Association.\n\nHISTORY: 1988, c. 855; 1993, c. 146; 1997, c. 798; 2002, c. 852; 2023, c. 356.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}