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HB 660-FN-LOCAL - AS INTRODUCED
2025 SESSION
25-0387
02/11
HOUSE BILL
660-FN-LOCAL
AN ACT
requiring historic horse racing facilities to compensate their host communities with a percentage of the revenue generated from their historic horse racing machines.
SPONSORS: Rep. Ohm, Hills. 10; Rep. Manohar, Hills. 9; Rep. Almy, Graf. 17
COMMITTEE: Ways and Means
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ANALYSIS
This bill requires historic horse racing facilities to transfer 10 percent of revenue generated, after breakage and payment of winnings, to host municipalities.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0387
02/11
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
AN ACT
requiring historic horse racing facilities to compensate their host communities with a percentage of the revenue generated from their historic horse racing machines.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraph; Pari-Mutel Pools, and Distribution of Tax Thereon; Tax. Amend RSA 284:23, I by inserting after subparagraph (d) the following new subparagraph:
(e) Each person, association, or corporation licensed to conduct historic horse race wagering shall collect a sum equal to 10 percent of revenues generated from historic horse race pari-mutuel pools after breakage and payment of winnings to patrons. Each licensee that conducts wagering on historic horse races shall distribute such amount collected under this paragraph to the municipality in which the licensee operates for deposit into the municipality's general fund.
2 Effective Date. This act shall take effect July 1, 2025.
LBA
25-0387
1/10/25
HB 660-FN-LOCAL- FISCAL NOTE
AS INTRODUCED
AN ACT
requiring historic horse racing facilities to compensate their host communities with a percentage of the revenue generated from their historic horse racing machines.
FISCAL IMPACT:
Estimated State Impact
FY 2025
FY 2026
FY 2027
FY 2028
Revenue
$0
Decrease of $2,329,958 Per Year
Revenue Fund(s)
Lottery Fund/Education Trust Fund - Lottery revenue is credited to the lottery fund, with net revenues after expenditures being credited to the state education trust fund.
Expenditures*
$0
$0
$0
$0
Funding Source(s)
None
Appropriations*
$0
$0
$0
$0
Funding Source(s)
None
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill
Estimated Political Subdivision Impact
FY 2025
FY 2026
FY 2027
FY 2028
Local Revenue
$0
Increase of $14,338,200 Per Year
Local Expenditures
$0
$0
$0
$0
METHODOLOGY:
This bill, effective in FY 2026, would require historic horse racing (HHR) licensees to distribute 10% of total HHR revenue to the municipality in which the licensee operates. The Lottery Commission states the language of this bill conflicts with that of RSA 284:23, I(d); specifically, both require HHR revenue (after breakage and prizes paid) to be distributed in different ways. For the purposes of this fiscal note, it is assumed that the intent of the legislation is for 10% of total HHR revenue be collected and paid to municipalities and the remaining HHR revenue to be distributed as otherwise described in RSA 284:23, I(d). In effect, this bill would distribute total HHR revenue as follows:
10% of total HHR revenue would be distributed to the municipality where the licensee operates HHR
The remaining 90% of total HHR revenue would be distributed (per RSA 284:22-b) as follows:
75% (equivalent to 67.5% of total HHR revenue) to the game operator
16.25% (equivalent to 14.625% of total HHR revenue) to the Lottery Commission
8.75% (equivalent to 7.875% of total HHR revenue) to charities
In FY 2024, total revenue for HHR was $143,381,237. Of this, the state received $23,299,451. Based on this amount, rounded to $143,382,000, this bill could increase local revenue and decrease state Lottery revenue as follows:
Current Law
Proposed
Increase / (Decrease)
Total HHR Revenue
$143,382,000
$143,382,000
$0
Amount to Game Operator
(75% of Total Under Current Law / 67.5% Under This Bill)
$107,536,500
$96,782,850
($10,753,650)
Amount to Lottery Commission (16.25% / 14.625%)
$23,299,575
$20,969,618
($2,329,958)
Amount to Charities (8.75% / 7.875%)
$12,545,925
$11,291,333
($1,254,593)
Amount to Municipalities (0% / 10.0%)
$0
$14,338,200
$14,338,200
Location
Total HHR Revenue
10% to Municipalities
Belmont
$623,000
$62,300
Keene
$6,214,000
$621,400
Dover
$18,602,000
$1,860,200
Nashua
$34,815,000
$3,481,500
Manchester
$25,937,000
$2,593,700
Hampton
$4,250,000
$425,000
Lebanon
$3,790,000
$379,000
Seabrook
$49,151,000
$4,915,100
Total
$143,382,000
$14,338,200
AGENCIES CONTACTED:
Lottery Commission