Amendment 2024-1332h to SB473 (2024)

Governing unclaimed horse racing ticket and voucher money.


Revision: April 18, 2024, 4:18 p.m.

Rep. Plett, Hills. 29

March 26, 2024

2024-1332h

11/08

 

 

Amendment to SB 473-FN

 

Amend the bill by replacing section 1 with the following:

 

1  Unclaimed Ticket Money.  Amend RSA 284:31 to read as follows:

284:31 Unclaimed Ticket Money.  

I.  [On or before January 31 of each year every] Every person, association, or corporation conducting a race or race meet, whether live racing, simulcast racing, or historic horse racing hereunder shall pay to the state treasurer all moneys collected during the previous year of pari-mutuel pool tickets and vouchers which have not been redeemed. [The books or records of said person, association, or corporation, which clearly show the tickets entitled to reimbursement in any given race, live, simulcast, or historic, shall be forwarded to the lottery commission.] Such moneys shall become a part of the special fund established in RSA 284:21-j.  The state treasurer shall pay the amount due on any ticket or voucher to the holder thereof from funds not otherwise appropriated upon an order from the lottery commission. Pari-mutuel tickets and vouchers which remain unclaimed after [11] 12 months shall not be paid. [Vouchers shall be remitted to the state treasurer on January 31 of the calendar year, 24 months after the year of the unclaimed voucher.]  On or before July 1 of every year, said person, association or corporation shall submit to the treasurer a check for any unclaimed money during the previous fiscal year, along with a gaming operator's written report for the previous fiscal year's unclaimed money, which shall itemize both the unclaimed tickets and vouchers and the unclaimed amounts therefrom.  A copy of the report shall be forwarded to the lottery commission.  For the first biennial year after the effective date of this section, the report shall cover both years of the previous biennium.