HB 540  - AS INTRODUCED

 

 

2025 SESSION

25-0384

02/09

 

HOUSE BILL 540

 

AN ACT relative to historic horse racing licenses for large facilities.

 

SPONSORS: Rep. Ohm, Hills. 10; Rep. Almy, Graf. 17; Rep. Manohar, Hills. 9

 

COMMITTEE: Ways and Means

 

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ANALYSIS

 

This bill requires facilities with 1,000 or more historic horse racing machines to pay annually to the lottery commission a license fee of $10,000,000.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

25-0384

02/09

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Five

 

AN ACT relative to historic horse racing licenses for large facilities.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Paragraph; Pari-Mutuel Pools on Historic Horse Races.  Amend RSA 284:22-b by inserting after paragraph VIII the following new paragraph:

IX.  Any entity licensed pursuant to this section which operates a facility with 1,000 or more historic horse racing machines shall annually pay to the lottery commission a fee of $10,000,000 for each such facility.

2  Effective Date.  This act shall take effect January 1, 2026.