senate Bill S6236

Signed by Governor

Authorizes the payments of rebates on pari-mutuel wagers

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor
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actions

  • 08 / Jan / 2014
    • REFERRED TO RACING, GAMING AND WAGERING
  • 13 / Jan / 2014
    • COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • 13 / Jan / 2014
    • ORDERED TO THIRD READING CAL.8
  • 22 / Jan / 2014
    • PASSED SENATE
  • 22 / Jan / 2014
    • DELIVERED TO ASSEMBLY
  • 23 / Jan / 2014
    • REFERRED TO RACING AND WAGERING
  • 03 / Feb / 2014
    • SUBSTITUTED FOR A8510
  • 03 / Feb / 2014
    • ORDERED TO THIRD READING CAL.426
  • 03 / Feb / 2014
    • PASSED ASSEMBLY
  • 03 / Feb / 2014
    • RETURNED TO SENATE
  • 12 / Mar / 2014
    • DELIVERED TO GOVERNOR
  • 17 / Mar / 2014
    • SIGNED CHAP.11

Summary

Authorizes the payments of rebates on pari-mutuel wagers.

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Bill Details

See Assembly Version of this Bill:
A8510
Versions:
S6236
Legislative Cycle:
2013-2014
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง109-b, RWB L

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
fan appreciation programs.

EXISTING LAW:

Chapter 472 of the Laws of 2013 was signed into law on November 13,
2013, and goes into effect 180 days after such date. These technical
changes will go into effect on the same date as Chapter 472 of the
Laws of 2013.

JUSTIFICATION:

These suggested changes were made upon the advice of the Governor's
Office and the NYS Gaming Commission.

LEGISLATIVE HISTORY:

A Chapter amendment to Chapter 472 of the Laws of 2013.

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE:

The same date as Chapter 472 of the Laws of 2013, which is 180 days
after it was signed into law on November 13, 2013.

view bill text
                    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
                      [ ] is old law to be omitted.
                                                           LBD13456-01-4

S. 6236                             2

conditions governing the award of rebates to bettors [for  the  calendar
year to which the application applies];
  b.  the  applicant  provides assurances that the values of the rebates
are determined solely by (i) attendance at one or  more  race  meetings,
(ii)  the  amount  wagered  by a bettor, (iii) the amount payable to the
[association or corporation] ENTITY on each wager, or (iv) how frequent-
ly a bettor wagers;
  c. the [association or corporation] ENTITY maintains  records  of  all
wagers  subject  to a rebate, for a period of not less than three years;
and
  d. the applicant demonstrates that such rebates are in the best inter-
ests of horse racing.
  [3. Regional off-track  betting  corporations  may  offer  rebates  on
wagers  made on races run by any association or corporation which offers
rebates pursuant to this section. Such rebates shall be subject  to  the
provisions of subdivisions one and two of this section.
  4. Upon the approval of an association or corporation conducting pari-
mutuel  betting  at  a race meeting on races run thereat, another racing
association or corporation may provide bettors with rebates on wagers on
races run at the racetrack operated by  such  approving  association  or
corporation.  All  such  rebates  shall  be subject to the provisions of
subdivisions one and two of this section.]
  S 2. This act shall take effect on the  same  date  and  in  the  same
manner as chapter 472 of the laws of 2013 takes effect.

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