Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB431 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Alan Miller.
DIGEST
SB 431 Engrossed	2022 Regular Session	Robert Mills
Present law prohibits any license be granted to any offtrack wagering facility (OTB) located within
one mile from any property on the National Register of Historic Places, any public playground, any
residential property, or a building used primarily as a church, synagogue, public library, or school.
Present law provides for an exception to the present law prohibition if the OTB licensee applied for
a license or was issued a license on or before July 1, 2021, or applied for or was issued a valid
building permit on or before July 1, 2021, and subsequently issued a license.
Proposed law provides for an exception to the present law prohibition if the owner of the equity of
the primary licensee on July 1, 2021, sold the equity of the primary licensee to a new owner, and the
transaction was approved by the La. State Racing Comm. prior to November 1, 2021, then the
primary licensee shall have until August 1, 2022, to apply for licensing of the OTBs.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 4:228(F))