HB 314 – AS AMENDED BY THE SENATE
13Mar2013… 0311h
13Mar2013… 0557h
05/30/13 1861s
2013 SESSION
08/09
HOUSE BILL 314
AN ACT raising limits on single wagers in games of chance and relative to gross revenues received by charitable organizations participating in games of chance.
SPONSORS: Rep. D. Sullivan, Hills 42; Rep. Graham, Hills 7
This bill requires charitable organizations to retain no less than 35 percent of the gross revenues from any game of chance less any prizes paid on any game date in which game operators are involved.
This bill also regulates electronic equipment used for gaming.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
13Mar2013… 0311h
13Mar2013… 0557h
05/30/13 1861s
13-0732
08/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT raising limits on single wagers in games of chance and relative to gross revenues received by charitable organizations participating in games of chance.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Game Operators; Deposit of Funds. Amend RSA 287-D:3, X to read as follows:
X. In games where chips have monetary value, 10 percent of the rake or house winnings and other moneys collected by the game operator that are not paid out as prizes to players, less moneys used by the racing and charitable gaming commission to fund authorized personnel expenses and related costs, shall be paid to the state treasurer for deposit into the [general fund] racing and charitable gaming fund established in RSA 284:21-j. Such payments shall be made [within 5 business days of the game date on which the funds were collected] once per month not later than the 5th day of the month for the funds collected in the previous month.
2 New Paragraph; Gross Revenues for Charities. Amend RSA 287-D:3 by inserting after paragraph X the following new paragraph:
XI. Notwithstanding any provision of law to the contrary, the charitable organization shall retain no less than 35 percent of the gross revenues from any game of chance on any game date in which game operators licensed under RSA 287-D:2-c are involved in any capacity after deducting the pay out of prizes. A charitable organization which hires a game operator employer or primary game operator, to conduct games of chance on its behalf, shall not be charged or assessed any fees, for the providing of any services or the collection of any reimbursements including but not limited to any rents, accounting fees, administrative fees, advertising fees, financial paperwork fees, marketing fees, or law enforcement or security fees.
3 Effective Date. This act shall take effect 90 days after its passage.