Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 17, 2014 |
signed chap.11 |
Mar 12, 2014 |
delivered to governor |
Feb 03, 2014 |
returned to senate passed assembly ordered to third reading cal.426 substituted for a8510 |
Jan 23, 2014 |
referred to racing and wagering |
Jan 22, 2014 |
delivered to assembly passed senate |
Jan 13, 2014 |
ordered to third reading cal.8 committee discharged and committed to rules |
Jan 08, 2014 |
referred to racing, gaming and wagering |
Senate Bill S6236
Signed By Governor2013-2014 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - 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
2013-S6236 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8510
- Law Section:
- Racing, Pari-Mutuel Wagering and Breeding Law
- Laws Affected:
- Amd ยง109-b, RWB L
2013-S6236 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6236 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: This bill is a chapter amendment to Chapter 472 of the Laws of 2013 which clearly authorized in law the ability of host racetracks, simulcast racetracks, and regional off-track betting corporations (OTBS) (regulated entities) to offer long term rebate and fan appreciation benefits to those racing fans who attend race meets, preferred customers and to volume bettors. With the advice of the New York State Gaming Commission (Commission), this bill makes very technical changes to Chapter 472 which 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 Commission. SUMMARY OF PROVISIONS: Section 1: Revises Racing & Wagering Law section 109-b to make technical changes so as to more accurately reference in the law those racing and other pari-mutual entities that can operate such rebates or
2013-S6236 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6236 I N S E N A T E (PREFILED) January 8, 2014 ___________ 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. Section 109-b of the racing, pari-mutuel wagering and breeding law, as added by chapter 472 of the laws of 2013, is amended 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] ENTITY conducting pari-mutuel betting [at a race meeting on races run thereat, which], THAT is paid to holders of pari- mutuel wagering tickets and [which] THAT reduces the amount otherwise payable to such [association or corporation. Such term shall be defined in rules promulgated by the commission and may include] ENTITY, INCLUD- ING, 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, park- ing, 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] PATRONAGE at race meetings. 2. The state gaming commission, upon application of an [association or corporation conducting] ENTITY AUTHORIZED TO CONDUCT pari-mutuel betting [at a race meeting on races run thereat], may approve the payment of rebates by such [association or corporation] ENTITY for a rebate program [for a period of up to one year], subject to the following requirements: a. the applicant discloses the extent of the rebate program. Such disclosure shall include a listing of the monetary value of all rebates paid to bettors during the previous calendar year, and the terms and EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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