HLS 14RS-2150 ORIGINAL
Page 1 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2014
HOUSE BILL NO. 1235
BY REPRESENTATIVE THIBAUT
RACING/TRACKS: Provides relative to horse racing facilities
AN ACT1
To amend and reenact R.S. 27:361(B)(4)(b) and (c) and 438(A), relative to funds derived2
from gaming operations at horse racing facilities; to provide relative to proceeds3
derived from slot machine gaming conducted at horse racing facilities; to provide4
relative to proceeds derived from gaming devices at horse racing facilities; and to5
provide for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 27:361(B)(4)(b) and 438(B) are hereby amended and reenacted to8
read as follows:9
§361. Conduct of slot machine gaming; temporary conduct10
* * *11
B. As a condition of licensing and to maintain continued authority for the12
conduct of slot machine gaming at the licensed eligible facility, the owner of the13
licensed eligible facility shall:14
* * *15
(4) Contribute to the support of pari-mutuel wagering facilities in the state16
at large and the horse breeding industry by paying annually from the annual net slot17
machine proceeds received from slot machine gaming operations at the licensed18
eligible facility as provided in this Paragraph:19
* * *20 HLS 14RS-2150 ORIGINAL
HB NO. 1235
Page 2 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
(b) The licensed eligible facility shall pay annually a fixed percentage of two1
three percent of the annual net slot machine proceeds received from slot machine2
gaming operations at the licensed eligible facility to the Executive Committee of the3
Louisiana Thoroughbred Breeders' Association. The Executive Committee shall4
distribute such amount according to a schedule or formula and within a time period5
which shall be established by the committee for special breeder awards to the6
breeders of accredited Louisiana-bred horses.7
(c) The licensed eligible facility shall pay annually a fixed percentage of one8
three percent of the annual net slot machine proceeds received from slot machine9
gaming operations at the licensed eligible facility to the Executive Committee of the10
Louisiana Quarter Horse Breeders' Association. The Executive Committee shall11
distribute such amount according to a schedule or formula and within a time period12
which shall be established by the committee for special breeders' awards to the13
breeders of accredited Louisiana-bred quarter horses.14
* * * 15
§438. Distribution of device revenues; particular licensed establishments; pari-16
mutuel wagering facilities17
A. The owner of the licensed establishment shall pay twenty percent of the18
net device revenue derived from the operation of devices at that licensed19
establishment to be used to supplement purses for horsemen as provided in20
Subsection B of this Section and in addition to the four percent of the twenty percent21
distributed as provided in Subsection B of this Section, the owner of the licensed22
establishment shall pay an additional four tenths of one percent of the net device23
revenue derived from the operation of devices at the licensed establishment to the24
authorized representative of the Horsemen's Benevolent and Protective Association.25
Such monies shall be made available for use as purses monthly, prior to the twentieth26
day of the month following the month in which they are earned.27
* * *28
29 HLS 14RS-2150 ORIGINAL
HB NO. 1235
Page 3 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Thibaut HB No. 1235
Abstract: Provides relative to the distribution of gaming monies collected at horse racing
facilities.
Present law provides that 4% of 20% of the net device revenue derived from the operation
of video draw poker devices at parimutuel wagering facilities (OTBs) is paid to the
authorized representative of the horsemen for the use and benefit of such persons and
horsemen as medical and hospital benefits. Proposed law retains present law and provides
an additional .4% of 100% of the net device revenue derived from the operation of video
draw poker devices at OTBs to be paid to the Horsemen's Benevolent and Protective
Association.
Present law provides that 2% of the annual net slot machine proceeds received from slot
machine gaming operations at the licensed eligible facility (slots at the track) is payable to
the Executive Committee of the La. Thoroughbred Breeders Association for distribution by
the committee in accordance with a schedule or formula for special breeder awards to the
breeders of accredited La.-bred horses. Proposed law increases this amount from 2% to 3%.
Present law also provides that 1% of the annual net slot machine proceeds received from slot
machine gaming operations at the licensed eligible facility (slots at the track) is payable
directly to the Executive Committee of the La. Quarter Horse Breeders Association for
distribution by the committee in accordance with a schedule or formula for special breeder
awards to the breeders of accredited La.-bred quarter horses. Proposed law increases this
amount from 1% to 3%.
(Amends R.S. 27:361(B)(4)(b) and (c) and 438(A))