New Hampshire House Bill HB1409

New Hampshire 2026 Regular Session

• Introduced: 12/4/25
• Refer: 12/4/25
• Report DNP: 2/4/26
• Report Pass: 2/4/26

Caption

Modifying the deposit of revenues collected from video lottery terminals.

Impact

The impact of HB 1409 on state laws is significant as it alters the existing framework for revenue allocation from video lottery terminals. Previously, revenues were split between the general fund (75%) and the education trust fund (25%). This new approach signifies a shift towards prioritizing education funding, potentially enhancing financial resources for public education initiatives. However, this reallocation will reduce general fund revenues which could affect other areas of the state budget that rely on those funds.

Summary

House Bill 1409 aims to modify the distribution of revenues collected from video lottery terminals (VLTs) in New Hampshire. The legislation proposes to allocate 100% of the net revenue generated from VLTs directly to the education trust fund, which supports public school financing, rather than dividing it between the general fund and education trust fund. The rationale behind this bill is to ensure that funds derived from gaming activities are directed towards education, promoting the overarching goal of enhancing educational resources within the state.

Sentiment

General sentiment around HB 1409 appears to be cautiously optimistic among supporters who advocate for increased funding for education. Proponents argue that the measure will divert necessary resources towards public schools in an effort to bolster education amidst funding challenges. Conversely, some concerns have been raised regarding the long-term fiscal implications of decreasing the general fund revenues, which might lead to budget strains in other sectors reliant on that funding.

Contention

Notable points of contention surrounding the bill focus on the potential consequences of funneling all VLT revenue into the education trust fund at the expense of the general fund. Critics of the bill express worry that the reduction in general fund revenue may limit funding for essential state services, thus potentially undermining community programs and services outside the educational sector. The debate underscores a broader discussion on how best to utilize gaming revenues while balancing the needs of various state-funded initiatives.