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Wagering Purse Supplement Fund shall only be withdrawn pursuant to the appropriation by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.
(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.