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Bill > A172


NJ A172

NJ A172
Permits State Lottery Commission to authorize video lottery terminals at Meadowlands horse racetrack, subject to voter approval.


summary

Introduced
01/27/2016
In Committee
01/27/2016
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 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. Revenue generated by the video lottery terminals would be deposited into a newly created "Video Lottery Terminal Fund," to be used for the payment of prizes, expenses of the State Lottery Division, transfer to a "Horse Racing Special Fund" for the benefit of the horse racing industry, the administrative expenses of the New Jersey Sports and Exposition Authority in developing the facility, and other purposes provided by law. 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 (9)

Last Action

Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 01/27/2016)

bill text


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