New HampshireNew Hampshire bill would send 10% of historic horse racing revenue to host towns and cities
As introduced, this New Hampshire bill would require historic horse racing licensees to collect 10 percent of their revenue, after breakage and winnings, and pay it to the municipality where they operate for its general fund.
What it does
Historic horse racing licensees would pay 10 percent of their betting revenue, after breakage and winnings, to the city or town where they operate, to go into its general fund.
Argument forHost cities and towns could gain new money for general local spending; the fiscal note estimates about $14.3 million a year statewide.
Argument againstThe fiscal note estimates the shift could cut state Lottery revenue, which supports education, by about $2.3 million a year.
More detail
Each licensee that conducts historic horse race wagering would collect 10 percent of its revenue and distribute it to the municipality where it operates. It covers licensees that conduct historic horse race wagering and the cities or towns that host them. The 10 percent is figured on revenue from historic horse race betting pools after breakage and payment of winnings to patrons. The municipality would deposit the money in its general fund. As introduced, the act would take effect July 1, 2025.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 14Interim Study Report: Recommended for Future Legislation 09/02/2026 (Vote 18-0; )Latest
- Jun 3Full Committee Work Session: 06/15/2026 10:00 am GP 159
- Jun 3Executive Session: 06/15/2026 11:00 am GP 159
- Jan 8Refer for Interim Study: MA VV 01/08/2026 HJ 2 P. 70
- 2025
- Oct 20Minority Committee Report: Ought to Pass with Amendment # 2025-2977h (NT)
- Oct 20Majority Committee Report: Refer for Interim Study 10/17/2025 (Vote 16-4; RC) HC 51
- Oct 20Executive Session: 10/06/2025 10:00 am GP 159
- Sep 16==CANCELLED== Full Committee Work Session: 10/08/2025 10:00 am GP 159
- Sep 16Full Committee Work Session: 10/06/2025 10:00 am GP 159
- Mar 5Retained in Committee
- Feb 27Public Hearing: 03/04/2025 10:00 am LOB 202-204
- Feb 27Executive Session: 03/04/2025 11:00 am LOB 202-204
- Jan 21Introduced (in recess of) 01/09/2025 and referred to Ways and Means HJ 3 P. 21Introduced
Taxes & BudgetEconomy & Jobs