Bill

Bill > HB531


NH HB531

Setting annual limits on the amount of charitable gaming revenue which may be distributed to one charitable organization.


summary

Introduced
01/14/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill limits the amount which may be awarded to any one charity from historic horse race wagering and games of chance to $50,000, and provides that excess revenue shall be paid to the lottery commission.

AI Summary

This bill limits the amount of revenue that can be distributed to a single charitable organization from two specific types of gaming: historic horse race (HHR) wagering and games of chance (GOC). Specifically, no charitable organization can receive more than $50,000 in a calendar year from either type of gaming. Any amount exceeding the $50,000 limit must be paid to the lottery commission and will be used according to the special fund established under RSA 284:21-j. The bill affects a significant number of charities, with 64 charities currently receiving more than $50,000 from HHR revenue and 176 charities receiving more than $50,000 from games of chance. The fiscal note estimates that this change will increase state lottery revenue by approximately $18.6 million per year, starting in fiscal year 2026. The bill is set to take effect on July 1, 2025, and the lottery commission anticipates that as more game rooms open and expand, more charities will likely reach the $50,000 cap, thereby generating additional revenue for the state.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Inexpedient to Legislate: Motion Adopted Voice Vote 03/06/2025 House Journal 7 P. 21 (on 03/06/2025)

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