senate Bill S3595A

2011-2012 Legislative Session

Relates to the distribution of the additional vendor's marketing allowance by any operator of a racetrack located in the county of Westchester

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Sponsored By

Archive: Last Bill Status - In Senate Committee


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 19, 2012 print number 3595a
amend and recommit to racing, gaming and wagering
Jan 04, 2012 referred to racing, gaming and wagering
Feb 28, 2011 referred to racing, gaming and wagering

S3595 - Details

See Assembly Version of this Bill:
A3651A
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §1612, Tax L
Versions Introduced in 2009-2010 Legislative Session:
S3283A, A6917

S3595 - Summary

Provides that the additional vendor's marketing allowance retained by any operator of a racetrack located in the county of Westchester shall not exceed 8 percent of the total revenue wagered at the vendor track after payout for prizes and the remainder of such additional vendor's marketing allowance, not to exceed 25 million dollars, shall be paid to the Yonkers city school district board of education in quarterly payments for the support and maintenance of certain educational programs.

S3595 - Sponsor Memo

S3595 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3595

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 28, 2011
                               ___________

Introduced  by  Sen.  ADAMS  -- 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  tax law, in relation to the distribution of the
  additional vendor's marketing allowance by any operator of a racetrack
  located in the county of Westchester

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.    Subparagraph  (iii)  of paragraph 1 of subdivision b of
section 1612 of the tax law, as amended by section  1  of  part  0-1  of
chapter 57 of the laws of 2009, is amended to read as follows:
  (iii) less an additional vendor's marketing allowance at a rate of ten
percent  for  the  first  one hundred million dollars annually and eight
percent thereafter of the total revenue  wagered  at  the  vendor  track
after payout for prizes to be used by the vendor track for the marketing
and  promotion  and  associated  costs of its video lottery gaming oper-
ations and pari-mutuel horse racing operations,  as  long  as  any  such
costs associated with pari-mutuel horse racing operations simultaneously
encourage  increased  attendance  at  such vendor's video lottery gaming
facilities, consistent with the customary manner of marketing comparable
operations in the industry and subject to the overall supervision of the
division; provided, however,  that  the  additional  vendor's  marketing
allowance shall not exceed eight percent in any year for any operator of
a  racetrack located in the county of [Westchester or] Queens; provided,
however, a vendor track that receives a vendor fee  pursuant  to  clause
(G)  of  subparagraph (ii) of this paragraph shall not receive the addi-
tional vendor's marketing allowance; AND  PROVIDED,  FURTHER,  THAT  THE
ADDITIONAL  VENDOR'S MARKETING ALLOWANCE FOR ANY OPERATOR OF A RACETRACK
LOCATED IN THE COUNTY OF  WESTCHESTER  EXPENDED  BY  SUCH  OPERATOR  FOR
MARKETING SHALL NOT EXCEED EIGHT PERCENT OF THE TOTAL REVENUE WAGERED AT
THE VENDOR TRACK AFTER PAYOUT FOR PRIZES PURSUANT TO THIS CHAPTER IN ANY

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05826-01-1

S3595A (ACTIVE) - Details

See Assembly Version of this Bill:
A3651A
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §1612, Tax L
Versions Introduced in 2009-2010 Legislative Session:
S3283A, A6917

S3595A (ACTIVE) - Summary

Provides that the additional vendor's marketing allowance retained by any operator of a racetrack located in the county of Westchester shall not exceed 8 percent of the total revenue wagered at the vendor track after payout for prizes and the remainder of such additional vendor's marketing allowance, not to exceed 25 million dollars, shall be paid to the Yonkers city school district board of education in quarterly payments for the support and maintenance of certain educational programs.

S3595A (ACTIVE) - Sponsor Memo

S3595A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 3595--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 28, 2011
                               ___________

Introduced  by  Sen.  ADAMS  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Racing, Gaming and  Wager-
  ing  -- recommitted to the Committee on Racing, Gaming and Wagering in
  accordance with Senate Rule 6, sec. 8 --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the tax law, in relation  to  the  distribution  of  the
  additional vendor's marketing allowance by any operator of a racetrack
  located in the county of Westchester

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1.   Subparagraph (iii) of paragraph 1  of  subdivision  b  of
section  1612  of  the  tax  law, as amended by section 1 of part 0-1 of
chapter 57 of the laws of 2009, is amended to read as follows:
  (iii) less an additional vendor's marketing allowance at a rate of ten
percent for the first one hundred million  dollars  annually  and  eight
percent  thereafter  of  the  total  revenue wagered at the vendor track
after payout for prizes to be used by the vendor track for the marketing
and promotion and associated costs of its  video  lottery  gaming  oper-
ations  and  pari-mutuel  horse  racing  operations, as long as any such
costs associated with pari-mutuel horse racing operations simultaneously
encourage increased attendance at such  vendor's  video  lottery  gaming
facilities, consistent with the customary manner of marketing comparable
operations in the industry and subject to the overall supervision of the
division;  provided,  however,  that  the  additional vendor's marketing
allowance shall not exceed eight percent in any year for any operator of
a racetrack located in the county of [Westchester or] Queens;  provided,
however,  a  vendor  track that receives a vendor fee pursuant to clause
(G) of subparagraph (ii) of this paragraph shall not receive  the  addi-
tional  vendor's  marketing  allowance;  AND PROVIDED, FURTHER, THAT THE
ADDITIONAL VENDOR'S MARKETING ALLOWANCE FOR ANY OPERATOR OF A  RACETRACK

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05826-02-1

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