Senator Mark Grisanti (R-Buffalo) today announced at a Press Conference a bill in the Senate to return the funding levels for municipalities in which video lottery gaming facilities operate to the levels from the fiscal year 2008-2009. Over the past four budget cycles, the amount of money returned to the local governments that contain video lottery operations was cut by almost 60 percent. In the seven regions across New York State where there are nine racetrack casinos, the fiscal strain placed on budgets has resulted in cutbacks or tax increases to cover the short fall.
Senator Mark Grisanti (R- North Buffalo) and Assemblyman Dennis Gabryszak (D-Cheektowaga) today announced that Governor Cuomo has signed into law legislation to protect victims against the filing of a false financial statement. The new law proposed in both houses by the local legislators will require a court to issue and file a certificate of conviction with the New York Secretary of State in cases where a defendant is convicted of a crime related to the intentional fraudulent filing of a financial statement.
New York State law says a person is guilty of issuing a false financial statement when they knowingly describe the financial condition or ability to pay of a person in an inaccurate manner on a signed written document.