Revision: Dec. 11, 2023, 10:04 a.m.
HB 1549 - AS INTRODUCED
2024 SESSION
24-2520
02/08
HOUSE BILL 1549
AN ACT relative to buy-in amount deductions collected during the operation of games of chance.
SPONSORS: Rep. Doucette, Rock. 25
COMMITTEE: Ways and Means
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ANALYSIS
This bill changes the deduction from the buy-in amount collected from players for games of chance where chips have no monetary face value.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2520
02/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to buy-in amount deductions collected during the operation of games of chance.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Operation of Games of Chance. Amend RSA 287-D:14, XVI to read as follows:
XVI. For games of chance where chips have no monetary face value, [the payback in prizes shall not exceed 80 percent of the total amount collected from players] a minimum of 20 percent or $250 of the buy-in amount collected from players, whichever is less, shall be deducted from the buy-in amount with 35 percent of the total amount deducted paid to the charity and the balance retained by the game operator employer.
2 Effective Date. This act shall take effect 60 days after its passage.