SB 120-FN - AS INTRODUCED
2015 SESSION
15-0894
08/09
SENATE BILL 120-FN
AN ACT relative to the amount of wagers and applicants for secondary game operator licenses.
SPONSORS: Sen. Daniels, Dist 11
This bill raises the limit on wagers and allows the racing and charitable gaming commission to issue provisional secondary game operator licenses.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
15-0894
08/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fifteen
AN ACT relative to the amount of wagers and applicants for secondary game operator licenses.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Equipment; Wagering; Prizes. Amend RSA 287-D:16 to read as follows:
287-D:16 Wagers. No single wager by a player, on any game of chance, shall exceed the amount of [$4] $6.
2 New Paragraph; Secondary Game Operator License Application; Specific Requirements. Amend RSA 287-D:10 by inserting after paragraph V the following new paragraphs:
VI. Upon submitting a complete application for a secondary game operator license the applicant shall be permitted to work until a permanent license is issued or denied.
VII. Upon receipt of an application under this section, and at the request of the applicant, the commission may issue a provisional license, valid for up to 90 days. If the commission denies the license, the provisional license shall expire upon the applicant’s receipt of such denial. If the applicant requests a provisional license under this paragraph, he or she shall submit a fee of $10 to the commission, in addition to the application fee for the license, at the time of such request.
3 Effective Date. This act shall take effect July 1, 2015 at 12:01 a.m.
LBAO
15-0894
01/16/15
SB 120-FN - FISCAL NOTE
AN ACT relative to the amount of wagers and applicants for secondary game operator licenses.
FISCAL IMPACT:
The Racing and Charitable Gaming Commission states this bill, as introduced, will have an indeterminable impact on state revenue and expenditures in FY 2016 and each year thereafter. There is no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Racing and Charitable Gaming Commission states this bill increases the limit a single wage from $4 to $6, and allows the Commission to issue provisional licenses for a fee of $10 per license to secondary game operators. The Commission states pursuant to RSA 287-D, charitable organizations are required to make payments to the state equivalent to 3% of all money collected from players in a game where chips have no monetary value, such as a tournament game, and 10% of the rake, house winnings, or other moneys collected by the game operator in games where chips have a monetary value. The Commission estimates the following increase in state revenue:
Games/ Chips
FY 2014 Actual Handle
Projected % Increase
Adjusted Handle
Tax Rate
FY 2016 Estimated State Revenue
FY 2014 Actual State Revenue
Increase (FY16-14)
No monetary value
$19,011,633
25%
$23,754,541
3%
$712,936
$570,349
$142,587
Monetary value with rake
$3,053,005
50%
$4,579,508
10%
$457,951
$305,301
$152,650
Monetary value with no rake
$5,672,142
50%
$8,508,213
10%
$850,821
$567,214
$283,607
TOTAL
$27,736,780
N/A
$36,852,262
N/A
$2,021,708
$1,442,864
$578,844
The Commission states there are 356 secondary game operators licensed in the state. The Commission has no data on how many individuals will apply for licenses in the future or how many applicants will request a provisional license to determine any increase in fee revenue or expenditures. The Commission assumes any increase in expenses will be offset by the $10 license fee.