Revision: Feb. 12, 2025, 1:08 p.m.
Senate Ways and Means
February 12, 2025
2025-0390s
02/05
Amendment to SB 168-FN-LOCAL
Amend the title of the bill by replacing it with the following:
AN ACT regulating online gambling and directing net proceeds to the education trust fund, the general fund, charitable organizations, and to reimburse municipalities for elderly, disabled, blind, and deaf tax exemptions.
Amend RSA 287-J:7 as inserted by section 3 of the bill by replacing it with the following:
287-J:7 Revenue Share.
I. Each licensee under this chapter shall collect a sum equal to 45 percent of gross online gaming revenue for distribution under paragraph II.
II.(a) Each licensee shall distribute 35 percent of the amount collected under paragraph I to charitable organizations with whom the licensee contracts on each licensed game date.
(b) Each licensee shall pay 65 percent of the amount collected under paragraph I to the commission for distribution as follows:
(1) Twenty-five percent to the special fund established under RSA 284:21-j for use as provided in that section.
(2) Twenty-five percent to the elderly, disabled, blind, and deaf exemption reimbursement fund established pursuant to RSA 72:42-a.
(3) Fifty percent to the general fund.
2025-0390s
AMENDED ANALYSIS
This bill regulates online gambling and directs proceeds to charitable organizations, the education trust fund, the general fund, and a newly established elderly, disabled, blind, and deaf tax exemption fund for reimbursement to municipalities.