Louisiana 2018 2018 Regular Session

Louisiana Senate Bill SB527 Comm Sub / Analysis

                     
The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Ashley Menou.
DIGEST
SB 527 Original	2018 Regular Session	LaFleur
Present law creates the Louisiana State Racing Commission and provides the duties of the
commission.
Present law, regarding pari-mutuel live racing facilities, provides that in order to conduct offtrack
or other authorized wagering, an association must meet the following minimum live racing
requirements:
(1)Not less than 130 racing days per year.
(2)Not less than 84 days conducted during 21 consecutive weeks of thoroughbred horse racing.
(3)Not less than 46 days conducted during 12 consecutive weeks of quarter horse racing.
Proposed law retains present law.
Present law provides that at any facility where the purse revenue from slot machines is limited to a
certain number of slot machines, that facility must meet the following minimum live racing
requirements:
(1)80 thoroughbred racing days per year conducted during 20 consecutive weeks.
(2)Not less than 10 quarter horse racing days per year conducted during three consecutive
weeks.
Present law provides that an eligible facility in Orleans Parish shall be authorized to have a
maximum of 700 slot machines.
Proposed law removes the requirement of not less than 10 quarter horse racing days.
Proposed law provides that notwithstanding proposed law, slot machine proceeds shall be collected
and allocated to supplement quarter horse purses as provided by present law.
Effective August 1, 2018.
(Amends R.S. 4:214.1(B))