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06/05/03 1855s

24jun03... 2117CofC

2003 SESSION

03-0389

08/09

HOUSE BILL 261

COMMITTEE: Ways and Means

AMENDED ANALYSIS

This bill:

I. Allows the sweepstakes commission to issue lucky 7 licenses for up to one year.

II. Requires payment of purchased tickets with 30 days of delivery.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

26mar03... 0112h

06/05/03 1855s

24jun03... 2117CofC

03-0389

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

Be it Enacted by the Senate and House of Representatives in General Court convened:

254:1 Application Fee; Application of Funds. Amend RSA 287-E:19 to read as follows:

287-E:19 Application Fee; Application of Funds.

I. The lucky 7 license [application] fee shall be $10 per month or any part of a month for up to 12 consecutive months per application.

[I-a.] II. Applications for renewal shall be received by the commission 15 days prior to [the first of each month] expiration, unless such requirement is waived by the commission for good cause shown.

[II.] III. All fees collected by the commission under this section shall be deposited in the special fund established under RSA 284:21-j.

254:2 Lucky 7 Licenses. Amend RSA 287-E:20, III to read as follows:

III. The license shall not be transferable, shall expire on the last day of the last month for which it was issued, and shall only be valid for one location. A separate license shall be obtained for each location at which lucky 7 tickets are to be sold.

254:3 Financial Reports. Amend RSA 287-E:24, I to read as follows:

I. A charitable organization shall submit a complete financial report for each license issued under RSA 287-E:20 to the commission within 105 days from the date of issue and every 90 days thereafter, or within 15 days after the expiration date of the license, whichever occurs first.

254:4 New Section; Payment to Distributor. Amend RSA 287-E by inserting after section 23 the following new section:

287-E:23-a Payment to Distributor. Licensees shall pay for purchased tickets no later than 30 days after delivery.

254:5 Effective Date. This act shall take effect July 1, 2003.

(Approved: July 14, 2003)

(Effective Date: July 1, 2003)