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)]
Connick HB No. 848
Abstract: Requires 10% of net slot machine proceeds from the gaming operations at the race
track in New Orleans be used for capital improvements at that facility.
Present law, generally, authorizes certain race tracks to conduct slot machine gaming (R.S.
27:361(A)) and imposes a state license tax of 18.5% (R.S. 27:393) and a local tax of 4% (R.S.
2:391) of net slot machine proceeds. Present law also requires 15% of net slot machine proceeds
to be paid to supplement purses (R.S. 27:361(B)(4)(a)) and 3% to horse associations (R.S.
27:361(B)(4)(b) and (c)).
Proposed law retains present law and as a condition of licensing and in order to maintain
continued authority for the conduct of slot machine gaming, requires 10% of net slot machine
proceeds from gaming operations at the pari-mutuel facility in Orleans Parish be used for capital
improvements at that facility.
Proposed law specifically provides for capital improvements to both frontside and backside
projects of the facility, including improvements to grandstands, stables, and racetrack surfaces.
Proposed law requires plans for capital improvements to be submitted annually to the Louisiana
State Racing Commission for approval of the projects, establishes criteria and standards for
capital improvements, and requires the commission to set a time by which the projects must be
completed. Proposed law also requires the commission to certify satisfactory completion to the
Louisiana Gaming Control Board.
Proposed law requires the initial set of plans to be submitted to the racing commission by
October, 2014.
(Adds R.S. 27:361(B)(5))