Louisiana 2018 2018 Regular Session

Louisiana Senate Bill SB525 Engrossed / Bill

                    SLS 18RS-1847	ENGROSSED
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. 4:147.1(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 and upon
14 agreement of the Horsemen's Benevolent and Protective Association and the
15 involved licensed eligible facilities, the commission may approve the transfer of
16 slot machine proceeds received for thoroughbred race purses from one licensed
17 eligible facility to another licensed eligible facility to supplement thoroughbred
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	ENGROSSED
1 purses at a thoroughbred race meet. Funds transferred pursuant to this
2 Paragraph shall be 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 Engrossed 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 if the Horsemen's Benevolent and Protective Association and the
involved licensed facilities agree, 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 the transferred funds must be awarded within one year of the date of
transfer.
Effective August 1, 2018.
(Adds R.S. 4:147.1(D))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Judiciary B to the
original bill
1. Makes technical changes.
2. Clarifies that the Horsemen's Benevolent and Protective Association and the
involved eligible facilities must agree to the transfer prior to the commission
authorizing the transfer.
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.