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NJ SCR31
Concurrent Resolution
Status
1/13/2026
Primary Sponsor
Joseph Pennacchio
Click for details
AI Summary
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Proposes amending the New Jersey Constitution to authorize the Legislature to permit slot machine gambling at horse racetracks, which is currently only allowed in Atlantic City.
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State revenues from racetrack slot machines would be dedicated: 60% to State-administered defined benefit retirement systems or pension obligation bond debt service; 30% proportionally to Atlantic City casino consortium members based on their investment size; 7% for Atlantic City recovery, stabilization, or improvement programs; and 3% for thoroughbred and standardbred horsemen programs.
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Initial licenses to operate slot machine gambling at racetracks would be limited to holders of New Jersey casino licenses operating as of December 15, 2015, or persons licensed as principal owners of such casinos.
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Future slot machine operators at racetracks must also hold a license to operate or own a casino in Atlantic City.
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Requires voter approval at a general election if the concurrent resolution is agreed to by the Legislature, with publication in newspapers at least three months prior to the election.
Legislative Description
Proposes constitutional amendment giving Legislature authority to establish slot machine gambling at horse racetracks; dedicates revenues derived to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/13/2026