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)]
HB 956 Original 2022 Regular Session Schexnayder
Abstract: Authorizes pari-mutuel racehorse wagering on board a licensed riverboat.
Present law provides a permitting process for a qualified racehorse wagering operator to conduct
racehorse wagering on a riverboat and requires the racehorse wagering operator to provide to the
licensed racing association 25% of audited net profits from this activity to be used as purse
supplements.
Proposed law substantially retains present law but makes present law and proposed law specifically
applicable to pari-mutuel racehorse wagering.
Proposed law further changes the present law provision regarding the payment of audited net profits
to the licensed racing association from requiring the racehorse wagering operator to provide 25% of
the audited net profits to the licensed racing association to requiring the pari-mutuel racehorse
wagering operator to provide five percent of the pari-mutuel handle to the Louisiana Horsemen's
Benevolent and Protective Association.
(Amends R.S. 27:86)