Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 13, 2013 |
approval memo.5 signed chap.472 |
Nov 01, 2013 |
delivered to governor |
Jun 18, 2013 |
returned to assembly passed senate 3rd reading cal.1428 substituted for s2433a |
Jun 18, 2013 |
substituted by a2329a ordered to third reading cal.1428 committee discharged and committed to rules |
May 02, 2013 |
print number 2433a |
May 02, 2013 |
amend and recommit to finance |
Apr 23, 2013 |
reported and committed to finance |
Jan 17, 2013 |
referred to racing, gaming and wagering |
Senate Bill S2433A
Signed By Governor2013-2014 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status Via A2329 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2013-S2433 - Details
2013-S2433 - Sponsor Memo
BILL NUMBER:S2433 TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to authorizing the payment of rebates on pari-mutuel wagers PURPOSE: The purpose of this bill is to clearly authorize in law the ability of host racetracks, simulcast racetracks, and regional off-track betting corporations (OTBS) to offer long term rebate and fan appreciation benefits to those racing fans who attend race meets, preferred customers and to volume bettors. Under current law, while the State Gaming Commission can authorize event based or other very short term rebate or fan appreciation programs, there are no standards for establishing successful long term rebate programs that can effectively bring more race fans to the track. Bringing more fans to the race tracks can help to make the sport of racing a more exciting time for all participants. This bill establishes a statutory framework to create such rebate programs and guidelines for approval of such rebate programs by the State Gaming Commission (Commission). Adopting this bill should provide applicants with parameters in which to draft applications to the Commission for approval to establish systemic long range rebate programs to encourage attendance at race tracks or other gaming
2013-S2433 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2433 2013-2014 Regular Sessions I N S E N A T E January 17, 2013 ___________ Introduced by Sen. KLEIN -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to authorizing the payment of rebates on pari-mutuel wagers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The racing, pari-mutuel wagering and breeding law is amended by adding a new section 109-a to read as follows: S 109-A. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, "REBATE" SHALL MEAN A PORTION OF PARI-MUTUEL WAGERS, OTHERWISE PAYABLE TO AN ASSOCI- ATION, CORPORATION, FRANCHISED CORPORATION OR RACING FRANCHISEE CONDUCT- ING PARI-MUTUEL BETTING AT A RACE MEETING ON RACES RUN AT A RACETRACK OPERATED BY SUCH ASSOCIATION, CORPORATION OR FRANCHISED CORPORATION, WHICH IS PAID TO HOLDERS OF PARI-MUTUEL WAGERING TICKETS AND WHICH REDUCES THE AMOUNT OTHERWISE PAYABLE TO SUCH ASSOCIATION, CORPORATION, FRANCHISED CORPORATION OR RACING FRANCHISEE. SUCH TERM MAY INCLUDE, BUT NOT BE LIMITED TO, REFUNDS TO HOLDERS OF PARI-MUTUEL WAGERING TICKETS OF ANY PORTION OR PERCENTAGE OF THE FULL FACE VALUE OF A PARI-MUTUEL WAGER, INCREASING THE PAYOFF OF, PAYING A BONUS ON A WINNING PARI-MUTUEL TICK- ET, AWARDS OF MERCHANDISE, SERVICES SUCH AS MEALS, PARKING, ADMISSION, SEATING AND PROGRAMS, FREE OR REDUCED COST PARI-MUTUEL WAGERS AND MONE- TARY AWARDS, OR ANY OTHER BENEFIT THAT THE STATE GAMING COMMISSION DEEMS APPROPRIATE TO REWARD HORSE RACING PATRONS FOR THEIR PARTICIPATION AT RACE MEETINGS. 2. THE STATE GAMING COMMISSION, UPON APPLICATION OF AN ASSOCIATION, CORPORATION, FRANCHISED CORPORATION OR RACING FRANCHISEE CONDUCTING PARI-MUTUEL BETTING AT A RACE MEETING ON RACES RUN AT A RACETRACK OPER- ATED BY SUCH ASSOCIATION, CORPORATION OR FRANCHISED CORPORATION, MAY ANNUALLY APPROVE THE PAYMENT OF REBATES BY SUCH ASSOCIATION, CORPO- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06752-01-3
2013-S2433A (ACTIVE) - Details
2013-S2433A (ACTIVE) - Sponsor Memo
BILL NUMBER:S2433Addd PURPOSE: The purpose of this bill is to clearly authorize in law the ability of host racetracks, simulcast racetracks, and regional off-track betting corporations (OTBS) to offer long term rebate and fan appreciation benefits to those racing fans who attend race meets, preferred customers and to volume bettors. Under current law, while the State Gaming Commission can authorize event based or other very short term rebate or fan appreciation programs, there are no standards for establishing successful long term rebate programs that can effectively bring more race fans to the track. Bringing more fans to the race tracks can help to make the sport of racing a more exciting time for all participants. This bill establishes a statutory framework to authorize the approval of such long term rebate programs and establish guidelines for the approval of such rebate programs by the State Gaming Commission (Commission). Adopting this bill should help to provide New York race track applicants with parameters in which to draft applications to the Commission for approval to establish systemic long range rebate programs to encourage attendance at race tracks or other gaming facilities. These types of long term rebate or fan appreciation programs are authorized and conducted by many out-of-state racing forums, but are not clearly sanctioned in New York law.
2013-S2433A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2433--A 2013-2014 Regular Sessions I N S E N A T E January 17, 2013 ___________ Introduced by Sen. KLEIN -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to authorizing the payment of rebates on pari-mutuel wagers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The racing, pari-mutuel wagering and breeding law is amended by adding a new section 109-b to read as follows: S 109-B. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, "REBATE" SHALL MEAN A PORTION OF PARI-MUTUEL WAGERS, OTHERWISE PAYABLE TO AN ASSOCI- ATION OR CORPORATION CONDUCTING PARI-MUTUEL BETTING AT A RACE MEETING ON RACES RUN THEREAT, WHICH IS PAID TO HOLDERS OF PARI-MUTUEL WAGERING TICKETS AND WHICH REDUCES THE AMOUNT OTHERWISE PAYABLE TO SUCH ASSOCI- ATION OR CORPORATION. SUCH TERM SHALL BE DEFINED IN RULES PROMULGATED BY THE COMMISSION AND MAY INCLUDE, BUT NOT BE LIMITED TO, REFUNDS TO HOLDERS OF PARI-MUTUEL WAGERING TICKETS OF ANY PORTION OR PERCENTAGE OF THE FULL FACE VALUE OF A PARI-MUTUEL WAGER, INCREASING THE PAYOFF OF, PAYING A BONUS ON A WINNING PARI-MUTUEL TICKET, AWARDS OF MERCHANDISE, SERVICES SUCH AS MEALS, PARKING, ADMISSION, SEATING AND PROGRAMS, FREE OR REDUCED COST PARI-MUTUEL WAGERS AND MONETARY AWARDS, OR ANY OTHER BENEFIT THAT THE STATE GAMING COMMISSION DEEMS APPROPRIATE TO REWARD HORSE RACING PATRONS FOR THEIR PARTICIPATION AT RACE MEETINGS. 2. THE STATE GAMING COMMISSION, UPON APPLICATION OF AN ASSOCIATION OR CORPORATION CONDUCTING PARI-MUTUEL BETTING AT A RACE MEETING ON RACES RUN THEREAT, MAY APPROVE THE PAYMENT OF REBATES BY SUCH ASSOCIATION OR CORPORATION FOR A REBATE PROGRAM FOR A PERIOD OF UP TO ONE YEAR, SUBJECT TO THE FOLLOWING REQUIREMENTS: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06752-04-3
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