<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63855</law_id><section_number>59.1-370.1</section_number><catch_line>State Racing Operations Fund</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>59.1-369</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="29">Horse Racing and Pari-Mutuel Wagering</unit><unit label="article" level="3" order_by="1" identifier="1">Virginia Racing Commission</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> All moneys and revenues received by the <span class="dictionary">Commission</span> under this chapter shall be placed in a special fund known as the State Racing Operations Fund. Notwithstanding any other provision of <span class="dictionary">law</span>, interest earned from moneys in the State Racing Operations Fund shall accrue to the benefit of such fund. <a id="paragraph-232593" class="section-permalink" href="https://vacode.org/59.1-370.1/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The total costs for the operation and administration of the Virginia Racing <span class="dictionary">Commission</span> shall be funded from the State Racing Operations Fund and shall be in such amount as provided in the general appropriations act. <a id="paragraph-232594" class="section-permalink" href="https://vacode.org/59.1-370.1/#B"><i class="fa fa-link"/></a></p></section></text><history>1990, c. 272.</history><metadata></metadata></law>
