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))