The bill amends sections 19-23-3 and 19-23-13b of the Code of West Virginia to define "West Virginia Certified Thoroughbred" horses and establish eligibility criteria for their participation in restricted races. A "West Virginia Certified Thoroughbred" is defined as a thoroughbred registered with the West Virginia Thoroughbred Breeders Association that has resided in the state for six consecutive months before turning three years old, with allowances for sales and veterinary services. These horses will not be eligible for West Virginia Accredited Stakes Races or the West Virginia Thoroughbred Fund. The bill also details the distribution of funds and purse calculations for restricted races, indicating that while these certified horses can compete for purse money, they will only receive preference in oversubscribed fields if accredited thoroughbreds are unavailable.

Additionally, the bill establishes the West Virginia Accredited Race Fund, which will receive funds as specified in subdivision (5), subsection (e). It sets criteria for a horse to be classified as a "West Virginia-bred foal," requiring that the horse be born in West Virginia and that breeders meet specific residency or breeding stock conditions. Starting July 1, 2001, West Virginia-accredited thoroughbred horses will have preference for entry into accredited races at participating racetracks. Furthermore, beginning July 1, 2006, licensed racing associations must implement a West Virginia Thoroughbred Racing Breeders Program, aimed at promoting and supporting the thoroughbred racing industry in the state.

Statutes affected:
Introduced Version: 19-23-3, 19-23-12c, 19-23-13b, 29-22A-10, 29-22A-10b
Committee Substitute: 19-23-3, 19-23-13b
Engrossed Committee Substitute: 19-23-3, 19-23-13b