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NH HB1409
Bill
Status
12/4/2025
Primary Sponsor
Richard Ames
Click for details
AI Summary
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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
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Eliminates the current distribution split of 75% general fund and 25% education trust fund for VLT revenues
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Creates a net-zero fiscal impact by decreasing general fund revenue and increasing education trust fund revenue by equal amounts
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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
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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