Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 25, 2015 |
signed chap.300 |
Sep 15, 2015 |
delivered to governor |
May 28, 2015 |
returned to senate passed assembly ordered to third reading cal.428 substituted for a6332 |
May 19, 2015 |
referred to ways and means delivered to assembly passed senate |
May 04, 2015 |
advanced to third reading |
Apr 29, 2015 |
2nd report cal. |
Apr 28, 2015 |
1st report cal.441 |
Mar 17, 2015 |
referred to racing, gaming and wagering |
Senate Bill S4370
Signed By Governor2015-2016 Legislative Session
Sponsored By
(R, C, IP) 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
2015-S4370 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6332
- Law Section:
- Racing, Pari-Mutuel Wagering and Breeding Law
- Laws Affected:
- Amd ยง527, RWB L
2015-S4370 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4370 TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to extending the disposition of off-track pools state tax to Saratoga county PURPOSE: To allow Saratoga Harness Racing, Inc. to maintain its status as the regional track in the Capital Off-Track Betting region after the reorganization of its corporate structure. SUMMARY OF PROVISIONS: Section 1 amends subdivision 1 of section 527 of the racing, pari-mutuel wagering and breeding law. It adds Saratoga County to the exception, already granted to Tioga County, which allows "regional payments" to be paid to racetracks first licensed after January 1, 1986. Section 2 states the effective date. JUSTIFICATION: Saratoga Harness Racing, Inc. (SHRI) has been the regional track in the Capital OTB region since the inception of off-track betting. SHRI is reorganizing its corporate structure. Current law provides that "racing corporations first licensed to conduct pari-mutuel racing after January first, nineteen hundred eighty-six" are not considered to be regional tracks in that "regional
2015-S4370 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4370 2015-2016 Regular Sessions I N S E N A T E March 17, 2015 ___________ Introduced by Sen. MARCHIONE -- 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 extending the disposition of off-track pools state tax to Saratoga county THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of subdivision 1 of section 527 of the racing, pari-mutuel wagering and breeding law, as amended by chapter 18 of the laws of 2008, is amended to read as follows: The disposition of the retained commission from pools resulting from regular, multiple or exotic bets, as the case may be, whether placed on races run within a region or outside a region, conducted by racing corporations, harness racing associations or corporations, quarter horse racing associations or corporations or races run outside the state shall be governed by the tables in paragraphs a and b of this subdivision. The rate denominated "state tax" shall represent the rate of a reasonable tax imposed upon the retained commission for the privilege of conducting off-track pari-mutuel betting, which tax is hereby levied and shall be payable in the manner set forth in this section. Each off-track betting corporation shall pay to the racing and wagering board as a regulatory fee, which fee is hereby levied, fifty hundredths of one percent of the total daily pools of such corporation. Each corporation shall also pay twenty per centum of the breaks derived from bets on harness races and fifty per centum of the breaks derived from bets on all other races to the agriculture and New York State horse breeding and development fund and to the thoroughbred breeding and development fund, the total of such payments to be apportioned fifty per centum to each such fund. For the purposes of this section, the New York city, Suffolk, Nassau, and the Catskill regions shall constitute a single region and any thoroughbred EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09551-02-5
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.