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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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.