Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB431 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 92 (SB 431) 2022 Regular Session	Robert Mills
  
Existing 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.
Existing law provides for an exception to the existing 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.
New law provides for an additional exception to the existing 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 Commission prior
to November 1, 2021, then the primary licensee shall have until August 1, 2022, to apply for
licensing of the OTBs.
Effective May 24, 2022.
(Amends R.S. 4:228(F))