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Bill > SB168


NH SB168

NH SB168
Regulating online gambling and directing net proceeds to the education trust fund, the general fund, and to reimburse municipalities for elderly, disabled, blind, and deaf tax exemptions.


summary

Introduced
01/23/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill regulates online gambling and directs proceeds to a newly established elderly, disabled, blind, and deaf tax exemption fund for reimbursement to municipalities.

AI Summary

This bill establishes a comprehensive regulatory framework for online gambling in New Hampshire while creating a new mechanism for reimbursing municipalities for tax exemptions for elderly, disabled, blind, and deaf residents. The legislation authorizes the lottery commission to approve between 3 and 6 online gaming platforms, which must contract with licensed gaming facilities and meet strict operational requirements including age verification, geographic restrictions, and robust security measures. Online gambling operators will be required to collect a 45% revenue share, with proceeds distributed as follows: 25% to a special fund, 25% to a new elderly, disabled, blind, and deaf exemption reimbursement fund, and 50% to the state's general fund. The bill includes detailed provisions for preventing gambling by prohibited persons, ensuring system integrity, and implementing responsible gaming practices. Additionally, it establishes a new fund to reimburse municipalities for tax exemptions granted to specific vulnerable populations, with the department of revenue administration responsible for calculating and distributing reimbursements annually. The online gambling regulations will take effect on January 1, 2026, and include stringent background checks, ongoing compliance reviews, and prohibitions against operating in sanctioned jurisdictions or illegal markets.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Pending Motion Committee Amendment # 2025-0390s; 03/06/2025; Senate Journal 6 (on 03/06/2025)

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