|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 09, 2013||referred to racing, gaming and wagering|
senate Bill S1279
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1279 - Details
S1279 - Summary
Provides for payments to licensed harness tracks by regional off-track betting corporations.
S1279 - Sponsor Memo
BILL NUMBER:S1279 TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to payments by off-track betting corporations to regional licensed harness tracks PURPOSE OR GENERAL IDEA OF BILL: This bill revises the hold harmless provisions that OTBs provide to harness tracks for the privilege of broadcasting additional nighttime thoroughbred events at OTB parlors. This is being done because most harness tracks now have video Lottery facilities which are earning harness tracks substantial profits. Additional money retained by OTBs by this measure is to be transferred to local governments to support their operations. SUMMARY OF SPECIFIC PROVISIONS: Sections 1 and 2: Amend the Racing & Wagering Law section 1016 to reduce the "dark day" (the day when NYRA is not conducting a race meet) payment obligations applicable to off-track betting corporations (OTBs) from 1 1/2 percent of total daily pools on out-of-state thoroughbred races to 3/4 of 1 percent of such pools. In addition, it eliminates the requirement that a regional licensed harness track itself not display simulcasts of, or accept wagering upon, such out-of-state thoroughbred races in order to be eligible to
S1279 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1279 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ 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 racing, pari-mutuel wagering and breeding law, in relation to payments by off-track betting corporations to regional licensed harness tracks THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Clause (E) of subparagraph 5 of paragraph b of subdivision 1 of section 1016 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: (E) [On] DURING THE FIRST ONE HUNDRED TWENTY days IN ANY CALENDAR YEAR when a franchised corporation is not conducting a race meeting [and when a licensed harness track is neither accepting wagers nor displaying the signal from an in-state thoroughbred corporation or association or an out-of-state thoroughbred track]: (i) [Such] A licensed regional harness track shall receive in lieu of any other payments on wagers placed at off-track betting facilities outside the special betting district on races conducted by an in-state thoroughbred racing corporation, two and eight-tenths percent on regular and multiple bets during a regional meeting and one and nine-tenths percent of such bets if there is no regional meeting and four and eight- tenths percent on exotic bets on days on which there is a regional meet- ing and three and four-tenths percent of such bets if there is no regional meeting. (ii) [Such] A licensed regional harness track shall receive [one and one-half] THREE-QUARTERS OF ONE per centum on total regional handle on races conducted at out-of-state or out-of-country thoroughbred tracks. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04536-01-3
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