Louisiana 2023 2023 Regular Session

Louisiana Senate Bill SB173 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Michelle Ridge.
DIGEST
SB 173 Original	2023 Regular Session	Foil
Present law provides relative to the conduct of slot machine gaming at race tracks.
Present law provides that as a condition of licensing and to maintain continued authority for the
conduct of the slot machine gaming at a race track, the owner of the track must comply with certain
requirements, including the requirement that the owner contribute to the support of pari-mutuel
wagering activities and the horse breeding industry by paying a fixed percentage of 15% of the
annual net slot machine proceeds received to supplement horse race purses. Provides that 4% of that
fixed amount shall go to the Horsemen's Benevolent and Protective Association (HBPA).
Proposed law retains present law and provides that the HBPA is the designated, recognized, and
authorized representative of La. horsemen.
Effective August 1, 2023.
(Amends R.S. 27:361(B)(4)(a)(iii))