This market will resolve to "Yes" if, following the 2023 legislative elections in Virginia, the Republican party has control in both the Virginia Senate and the Virginia House. Otherwise, this market will resolve to "No".

A tie in the Senate (20-20 split of members) will count toward a "Yes" resolution as the Lieutenant Governor, a Republican, is the tiebreaker.

A tie in the House will result in a "No" resolution as tie votes in the House fail to advance a bill for further action.

Determination of the results of the 2023 legislative elections in Virginia will be based on a consensus of credible reporting, or if there is ambiguity, the final state election authority certification or other final official determination of the 2023 election results.