Assembly Bill A4476

2023-2024 Legislative Session

Provides for the amount to be paid by off track betting corporations to regional harness tracks from certain simulcasting revenue

download bill text pdf

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Current Bill Status - In Assembly Committee


  • 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

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2023-A4476 (ACTIVE) - Details

Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §1017, RWB L
Versions Introduced in Other Legislative Sessions:
2009-2010: A5772
2011-2012: A3520
2013-2014: A3980
2015-2016: A892
2017-2018: A747
2019-2020: A3470
2021-2022: A1582

2023-A4476 (ACTIVE) - Summary

Provides for the amount to be paid by off-track betting corporations to regional harness tracks from out-of-state and out-of-country simulcast revenue.

2023-A4476 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4476
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 16, 2023
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Racing and Wagering
 
 AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
   relation  to  payments  by  off track betting corporations to regional
   harness tracks for out-of-state and out-of-country simulcasting reven-
   ue

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  2 of section 1017 of the racing, pari-mutuel
 wagering and breeding law, as amended by chapter 174 of the laws of 2013
 and paragraph a as amended by chapter  243  of  the  laws  of  2020,  is
 amended to read as follows:
   2.  [a.  Maintenance of effort. Any off-track betting corporation that
 engages in accepting wagers on the simulcasts of thoroughbred races from
 out-of-state or out-of-country as permitted  under  subdivision  one  of
 this  section shall submit to the commission, for its approval, a sched-
 ule of payments to be made in any year or  portion  thereof,  that  such
 off-track corporation engages in nighttime thoroughbred simulcasting. In
 order  to  be  approved by the commission, the payment schedule shall be
 identical to the actual payments and distributions of such  payments  to
 tracks  and  purses  made  by such off-track corporation pursuant to the
 provisions of section one thousand fifteen of this  article  during  the
 year  two  thousand  two,  as  derived  from  out-of-state harness races
 displayed after 6:00 P.M. If approved by the commission, such  scheduled
 payments  shall  be  made  from  revenues  derived from any simulcasting
 conducted pursuant to this section and section one thousand  fifteen  of
 this article.
   b.  Additional  payments.] PAYMENTS. During each calendar year, to the
 extent, and at such time in the event, that aggregate statewide wagering
 handle after 7:30 P.M. on out-of-state and  out-of-country  thoroughbred
 races exceeds one hundred million dollars, each off-track betting corpo-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09557-01-3
              

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