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NH HB1409

Bill

Status

Introduced

12/4/2025

Primary Sponsor

Richard Ames

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Redirects 100% of net video lottery terminal (VLT) revenue to the education trust fund established under RSA 198:39, after payment of administrative costs, charity revenue sharing, gaming operator costs, and problem gaming prevention costs

  • Eliminates the current distribution split of 75% general fund and 25% education trust fund for VLT revenues

  • Creates a net-zero fiscal impact by decreasing general fund revenue and increasing education trust fund revenue by equal amounts

  • Affects estimated general fund VLT revenue of $45.1 million in FY 2026 and $93.9 million in FY 2027, which would instead go to the education trust fund

  • Takes effect upon passage

Legislative Description

Modifying the deposit of revenues collected from video lottery terminals.

Last Action

Lay HB1409 on Table (Rep. Cole): Motion Adopted Voice Vote 02/12/2026 House Journal 4

2/12/2026

Committee Referrals

Ways and Means12/4/2025

Full Bill Text

No bill text available