Bill
Bill > A612
NJ A612
NJ A612Permits State Lottery Commission to authorize video lottery terminals at Meadowlands horse racetrack, subject to voter approval.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill permits the State Lottery Commission to authorize lottery games using video lottery terminals at a facility located at the Meadowlands horse racetrack. The facility for the video lottery terminal project would be developed by the New Jersey Sports and Exposition Authority. The Division of Gaming Enforcement, which has investigatory and enforcement responsibilities over casino gaming in Atlantic City, would perform similar functions over the video lottery terminal licensees and games. Revenue generated by the video lottery terminals would be deposited into a newly created "Video Lottery Terminal Fund," to be appropriated only for the payment of prizes to the winners of video lottery games, the expenses of the division of the State Lottery, transfer to the newly created "Horse Racing Special Fund," established pursuant to this act for the benefit of the horse racing industry, the administrative expenses of the New Jersey Sports and Exposition Authority in developing the facility for the video lottery terminals, and such other purposes as may be provided by law. The bill will only take effect upon approval by the voters at a referendum held at a general election.
AI Summary
This bill permits the State Lottery Commission to authorize lottery games using video lottery terminals at a facility located at the Meadowlands horse racetrack. The facility would be developed by the New Jersey Sports and Exposition Authority, and the Division of Gaming Enforcement would oversee the video lottery terminal licensees and games. Revenue from the video lottery terminals would be deposited into a newly created "Video Lottery Terminal Fund" to be used for prize payouts, lottery expenses, support for the horse racing industry, and other purposes. The bill will only take effect upon approval by the voters at a referendum held at a general election.
Committee Categories
Business and Industry
Sponsors (6)
Ralph Caputo (D)*,
Gary Schaer (D)*,
Gordon Johnson (D),
John McKeon (D),
Annette Quijano (D),
Cleopatra Tucker (D),
Last Action
Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 01/14/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A1000/612_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A1000/612_I1.PDF |
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