11VAC10-60 Regulations Pertaining to Horse Racing with Pari-Mutuel Wagering: Participants

NOTICES OF INTENDED REGULATORY ACTION

Vol. 25 Iss. 25 - August 17, 2009

TITLE 11. GAMING

VIRGINIA RACING COMMISSION

Chapter 60

Notice of Intended Regulatory Action

Notice is hereby given in accordance with § 2.2-4007.01 of the Code of Virginia that the Virginia Racing Commission intends to consider amending the following regulations: 11VAC10-60, Regulations Pertaining to Horse Racing With Pari-Mutuel Wagering: Participants. The purpose of the proposed action is to allow the Virginia Racing Commission to collect a higher fee for permits issued to the participants of horse racing. The fee schedule has remained constant since the first Satellite Wagering Facility began operation in 1996. A cost per permit issued analysis was performed and it was determined that it costs the Virginia Racing Commission $64.31 for each permit that is issued. It is the intent of the Virginia Racing Commission to increase the amount charged for a permit and at the same time reduce the commission's costs so that the end result will be that the commission breaks even on the issuance of permits in the future.

The agency does not intend to hold a public hearing on the proposed action after publication in the Virginia Register.

Statutory Authority: § 59.1-369 of the Code of Virginia.

Public Comments: Public comments may be submitted until 5 p.m. on September 18, 2009.

Agency Contact: David S. Lermond, Jr., Regulatory Coordinator, Virginia Racing Commission, 10700 Horsemen's Lane, New Kent, VA 23024, telephone [phone], FAX (804) 966-7418, or email [e-mail].

VA.R. Doc. No. R09-1942; Filed July 28, 2009, 3:38 p.m.