N.H. House to vote on poker tax bill
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The New Hampshire House will be voting on a bill in the near future that would levy a tax on all poker games played in the state.
The bill, which recently passed in the state’s Senate, features a reduced proposed tax. Originally, the tax was 10%; now it is just 3%.
The tax would come on all money taken from players at poker rooms in the state.
According to a story at The Eagle-Tribune:
Sen. Lou D’Allesandro, D-Manchester, said a compromise among lawmakers to raise the maximum bets from $2 to $5 will help pay for the tax. It will also help pay for investigators for the state’s Pari-Mutuel Commission to oversee card games, he said.
Charitable organizations reap 35 percent of the net profit. That percentage would not change under this plan. “Charitable gaming has become a big business in New Hampshire,” D’Allesandro said. “Some people put it at $75 million to $100 million. We certainly want charitable gaming to prosper, but we need oversight. This bill puts in a number of employees to do the auditing.”
The poker tax bill is being seen as a start to expanded legalized gambling options in the state as a source of revenue.
