SLS 22RS-359 ENGROSSED
2022 Regular Session
SENATE BILL NO. 344
BY SENATOR HENSGENS
GAMING. Provides relative to the regulation of sports wagering. (8/1/22)
1 AN ACT
2 To amend and reenact R.S. 27:601(B) and 625(G)(6) and to enact R.S. 27:625(G)(7),
3 relative to sports wagering; to provide regarding definitions, enforcement, licenses
4 and permits, and wagering; to provide regarding requirements and regulations; to
5 provide regarding revenue allocation; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 27:601(B) and 625(G)(6) are hereby amended and reenacted and R.S.
8 27:625(G)(7) is hereby enacted to read as follows:
9 §601. Title and citation; privilege
10 * * *
11 B. Any license, permit, approval, or thing obtained or issued or renewed
12 pursuant to the provisions of this Chapter is expressly declared by the legislature to
13 be a pure and absolute revocable privilege and not a right, property or otherwise,
14 under the constitution of the United States or of the state of Louisiana. Further, the
15 legislature declares that no holder of any license or permit acquires any vested
16 interest or right therein or thereunder.
17 * * *
Page 1 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 344
SLS 22RS-359 ENGROSSED
1 §625. State tax; levy
2 * * *
3 G. After complying with the provisions of Subsection D of this Section, each
4 fiscal year the state treasurer shall credit the following amounts to the following
5 funds:
6 * * *
7 (6) Two and one-half percent of the monies collected pursuant to this
8 Section shall be credited to the Louisiana Equine Promotion and Research
9 Program pursuant to Chapter 15-A of Title 3 of the Louisiana Revised Statutes
10 of 1950.
11 (7) Any remaining funds shall be available as state general funds.
The original instrument was prepared by Dawn Romero Watson. The
following digest, which does not constitute a part of the legislative
instrument, was prepared by Alan Miller.
DIGEST
SB 344 Engrossed 2022 Regular Session Hensgens
Present law provides that any license, permit, approval, or thing obtained or issued pursuant
to the provisions of present law is expressly declared by the legislature to be a pure and
absolute revocable privilege and not a right, property or otherwise, under the U.S. or state
constitution. Further provides that the legislature declares that no holder of any license or
permit acquires any vested interest or right therein or thereunder.
Proposed law also adds the renewal of any license, permit, approval, or thing obtained or
issued pursuant to present law to the declaration by the legislature that such items are a pure
and absolute revocable privilege and not a right under law.
Present law dedicates revenue generated by the net gaming proceeds from sports wagering
as follows:
(1)2%, or $500,000, whichever is greater, to the Behavioral Health and Wellness Fund.
(2)25%, not to exceed $20,000,000, credited to the Louisiana Early Childhood
Education Fund.
(3)10% to the Sports Wagering Local Allocation Fund.
(4)2.5% credited to the Sports Wagering Purse Supplement Fund. Monies in the Sports
Wagering Purse Supplement Fund shall only be withdrawn pursuant to the
appropriation by the legislature and monies shall be appropriated to the Louisiana
Racing Commission solely for the use and in proportion approved in accordance with
present law.
(5)2%, not to exceed $500,000, to the Disability Affairs Trust Fund.
Page 2 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 344
SLS 22RS-359 ENGROSSED
(6) 58.5% to the state general fund.
Proposed law dedicates 2.5% of revenue generated by the net gaming proceeds from sports
wagering from the state general fund to the La. Equine Promotion and Research Program.
Effective August 1, 2022.
(Amends R.S. 27:601(B) and 625(G)(6); adds R.S. 27:625(G)(7))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Judiciary B to the
original bill
1. Dedicates 2.5% of revenue generated by the net gaming proceeds from sports
wagering from the state general fund to the La. Equine Promotion and
Research Program.
Page 3 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.