RACING/HORSE: Authorizes fixed odds wagering on horse races (EN INCREASE SD RV See Note)
HB 547 would allow horse racing venues to offer fixed odds wagering, where bettors place bets with predetermined payout amounts before races instead of traditional pari-mutuel betting. This directly affects racetracks that host horse races and individuals who wager on those races. The bill authorizes this specific betting method, setting fixed odds for outcomes rather than calculating payouts based on total wagers after the race. The bill is currently under review by the Committee on Commerce and will move to Appropriations for further consideration.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Jun 2025
House Passage
Jun 2025
Senate Passage
Jun 2025
Signed into Law
Jun 2025
Introduced Apr 4, 2025
Signed Jun 11, 2025
Maddy AI version diff · 4 comparisons
What changed between versions
Senate Floor Bureau Note, #3078, Talbot, Adopted
→
HB547 Act 291
·
5 edits
MODERATE
The bill was finalized and enrolled into law, transitioning from a Senate floor amendment draft to the official enrolled act. The core policy changes authorize fixed odds wagering on horse racing in Louisiana and establish a new 'Fixed Odds Horse Wagering Purse Supplement Fund' to support the industry. A specific allocation formula was created to distribute proceeds from this new wagering type, directing 55% to thoroughbred purses, 24% to quarter horse purses, and 21% to breeder awards.
Scope change
The bill's scope expanded to include a new category of gambling activity (fixed odds wagering) distinct from traditional pari-mutuel wagering, while also formally enacting new statutes to govern this activity.
SCOPE
Added explicit authorization for fixed odds wagering on horse racing, a new form of betting not previously covered in the same manner as pari-mutuel wagering.
FISCAL
Created the Fixed Odds Horse Wagering Purse Supplement Fund to collect and manage revenue generated from the new fixed odds wagering.
Established a mandatory distribution formula for fund proceeds: 55% for thoroughbred purses, 24% for quarter horse purses, and 21% for breeder awards.
DEFINITION
Added a specific legal definition for 'fixed odds wagering on horse races' to distinguish it from existing pari-mutuel wagering.
REQUIREMENT
Updated existing statutes to incorporate the new wagering type and fund requirements into the official code.
Floor votes · Senate Jun 8, 2025 · House May 29, 2025
How they voted
34–1
Passed · 2 other
Total votes 37
Jun 8, 2025
D
Democratic11
100% Yea
R
Republican26
88% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
6
Committee
6
Jun 9, 2025
Lower · Passed
Read by title, roll called, yeas 98, nays 0, Senate amendments concurred in.
lower
Jun 8, 2025
Upper · Passed
Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 36 yeas and 1 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
Jun 3, 2025
Upper · Passed
Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
upper
May 29, 2025
Lower · Passed
Read third time by title, roll called on final passage, yeas 93, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
May 27, 2025
Lower · Passed
Reported favorably (14-0).
lower
May 13, 2025
Committee
Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.
lower
May 12, 2025
Lower · Passed
Reported with amendments (14-0). To be recommitted to the Committee on Appropriations.
lower
Apr 14, 2025
Committee
Read by title, under the rules, referred to the Committee on Commerce.
lower
Apr 4, 2025
Committee
Under the rules, provisionally referred to the Committee on Commerce.
lower
1 primary · 18 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chad Boyer
RRepublican
Co
Adrian Fisher
DDemocratic
Co
Alonzo Knox
DDemocratic
Co
Daryl Deshotel
RRepublican
Co
Delisha Boyd
DDemocratic
Co
Ed Larvadain
DDemocratic
Co
Jason Hughes
DDemocratic
Co
Joy Walters
DDemocratic
Co
Kellee Hennessy
RRepublican
Co
Matt Willard
DDemocratic
Co
Mike Bayham
RRepublican
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