SLS 18RS-1847 ORIGINAL
2018 Regular Session
SENATE BILL NO. 525
BY SENATOR LAFLEUR
HORSE RACING. Provides relative to the transfer of purse funds from one horse racing
facility to another. (8/1/18)
1 AN ACT
2 To enact R.S. 4:147.1(D), relative to horse racing; to provide for the duties and powers of
3 the Louisiana State Racing Commission; to provide relative to purse monies for
4 horse races; to provide relative to net slot machine proceeds received for purses; to
5 provide relative to thoroughbred horse racing; to provide relative to eligible
6 facilities; to provide relative to the transfer of slot machine proceeds from one
7 eligible facility to another; and to provide for related matters.
8 Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 147.1(D) is hereby enacted to read as follows:
10 ยง147.1. Commission; purse supplements; additional or substitute races and race
11 days; force majeure
12 * * *
13 D. Notwithstanding any provision of law to the contrary, the commission
14 may approve the transfer of slot machine proceeds received for thoroughbred
15 race purses from one licensed eligible facility to another licensed eligible facility
16 to supplement thoroughbred purses at a thoroughbred race meet. Upon
17 agreement of the Horsemen's Benevolent and Protective Association and the
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 525
SLS 18RS-1847 ORIGINAL
1 licensed eligible facility, funds transferred pursuant to this Paragraph shall be
2 awarded within one year of the date of transfer.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Ashley Menou.
DIGEST
SB 525 Original 2018 Regular Session LaFleur
Present law creates the Louisiana State Racing Commission and provides for the powers and
duties of the commission.
Proposed law retains present law.
Present law provides that if the commission determines that a licensed facility is unable to
conduct all or part of a scheduled meet due to an occurrence over which the facility has no
control, the commission may authorize additional or substitute race days. Further, allows the
commission to approve a transfer of monies dedicated for purses from one licensed facility
to the affected licensed facility.
Proposed law retains present law.
Proposed law provides that the commission may approve the transfer of slot machine
proceeds received for thoroughbred race purses from one licensed eligible facility to another
licensed eligible facility to supplement thoroughbred purses at a thoroughbred race meet.
Further, provides that upon agreement of the Horsemen's Benevolent and Protective
Association and the licensed eligible facility, the funds shall be awarded within one year of
the date of transfer.
Effective August 1, 2018.
(Adds R.S. 4:147.1(D))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.