senate Bill S2433A

Signed By Governor
2013-2014 Legislative Session

Authorizes racetracks and off-track betting corporations to offer rebates on pari-mutuel wagers made by bettors and to horse racing patrons

download bill text pdf

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Archive: Last Bill Status Via A2329 - Signed by Governor


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

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Actions

view actions (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 13, 2013 approval memo.5
signed chap.472
Nov 01, 2013 delivered to governor
Jun 18, 2013 returned to assembly
passed senate
3rd reading cal.1428
substituted for s2433a
Jun 18, 2013 substituted by a2329a
ordered to third reading cal.1428
committee discharged and committed to rules
May 02, 2013 print number 2433a
amend and recommit to finance
Apr 23, 2013 reported and committed to finance
Jan 17, 2013 referred to racing, gaming and wagering

Votes

view votes

Jun 18, 2013 - Rules committee Vote

S2433A
20
1
committee
20
Aye
1
Nay
4
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Rules committee vote details

Apr 23, 2013 - Racing, Gaming and Wagering committee Vote

S2433
10
0
committee
10
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: Apr 23, 2013

aye wr (1)

Bill Amendments

Original
A (Active)
Original
A (Active)

S2433 - Details

See Assembly Version of this Bill:
A2329A
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add §109-b, RWB L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S6758A, A3648
2013-2014: S2433A
2009-2010: A6915

S2433 - Summary

Authorizes racetracks and off-track betting corporations to offer rebates on pari-mutuel wagers made by bettors to reward horse racing patrons for their participation at race meetings.

S2433 - Sponsor Memo

S2433 - Bill Text download pdf

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

                                  2433

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 17, 2013
                               ___________

Introduced  by  Sen.  KLEIN  -- 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 authorizing the payment of rebates on pari-mutuel wagers

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

  Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
amended by adding a new section 109-a to read as follows:
  S 109-A. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, "REBATE"  SHALL
MEAN  A  PORTION  OF PARI-MUTUEL WAGERS, OTHERWISE PAYABLE TO AN ASSOCI-
ATION, CORPORATION, FRANCHISED CORPORATION OR RACING FRANCHISEE CONDUCT-
ING PARI-MUTUEL BETTING AT A RACE MEETING ON RACES RUN  AT  A  RACETRACK
OPERATED  BY  SUCH  ASSOCIATION,  CORPORATION OR FRANCHISED CORPORATION,
WHICH IS PAID TO HOLDERS  OF  PARI-MUTUEL  WAGERING  TICKETS  AND  WHICH
REDUCES  THE  AMOUNT OTHERWISE PAYABLE TO SUCH ASSOCIATION, CORPORATION,
FRANCHISED CORPORATION OR RACING FRANCHISEE. SUCH TERM MAY INCLUDE,  BUT
NOT BE LIMITED TO, REFUNDS TO HOLDERS OF PARI-MUTUEL WAGERING TICKETS OF
ANY PORTION OR PERCENTAGE OF THE FULL FACE VALUE OF A PARI-MUTUEL WAGER,
INCREASING  THE PAYOFF OF, PAYING A BONUS ON A WINNING PARI-MUTUEL TICK-
ET, AWARDS OF MERCHANDISE, SERVICES SUCH AS MEALS,  PARKING,  ADMISSION,
SEATING  AND PROGRAMS, FREE OR REDUCED COST PARI-MUTUEL WAGERS AND MONE-
TARY AWARDS, OR ANY OTHER BENEFIT THAT THE STATE GAMING COMMISSION DEEMS
APPROPRIATE TO REWARD HORSE RACING PATRONS FOR  THEIR  PARTICIPATION  AT
RACE MEETINGS.
  2.  THE  STATE  GAMING COMMISSION, UPON APPLICATION OF AN ASSOCIATION,
CORPORATION, FRANCHISED  CORPORATION  OR  RACING  FRANCHISEE  CONDUCTING
PARI-MUTUEL  BETTING AT A RACE MEETING ON RACES RUN AT A RACETRACK OPER-
ATED BY SUCH ASSOCIATION, CORPORATION  OR  FRANCHISED  CORPORATION,  MAY
ANNUALLY  APPROVE  THE  PAYMENT  OF  REBATES BY SUCH ASSOCIATION, CORPO-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06752-01-3

S2433A (ACTIVE) - Details

See Assembly Version of this Bill:
A2329A
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add §109-b, RWB L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S6758A, A3648
2013-2014: S2433A
2009-2010: A6915

S2433A (ACTIVE) - Summary

Authorizes racetracks and off-track betting corporations to offer rebates on pari-mutuel wagers made by bettors to reward horse racing patrons for their participation at race meetings.

S2433A (ACTIVE) - Sponsor Memo

S2433A (ACTIVE) - Bill Text download pdf

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

                                 2433--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 17, 2013
                               ___________

Introduced  by  Sen.  KLEIN  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Racing, Gaming and  Wager-
  ing  --  reported  favorably  from said committee and committed to the
  Committee on Finance -- committee discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
  relation to authorizing the payment of rebates on pari-mutuel wagers

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

  Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
amended by adding a new section 109-b to read as follows:
  S 109-B. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, "REBATE"  SHALL
MEAN  A  PORTION  OF PARI-MUTUEL WAGERS, OTHERWISE PAYABLE TO AN ASSOCI-
ATION OR CORPORATION CONDUCTING PARI-MUTUEL BETTING AT A RACE MEETING ON
RACES RUN THEREAT, WHICH IS PAID  TO  HOLDERS  OF  PARI-MUTUEL  WAGERING
TICKETS  AND  WHICH REDUCES THE AMOUNT OTHERWISE PAYABLE TO SUCH ASSOCI-
ATION OR CORPORATION.  SUCH TERM SHALL BE DEFINED IN  RULES  PROMULGATED
BY  THE  COMMISSION  AND  MAY INCLUDE, BUT NOT BE LIMITED TO, REFUNDS TO
HOLDERS OF PARI-MUTUEL WAGERING TICKETS OF ANY PORTION OR PERCENTAGE  OF
THE  FULL  FACE  VALUE OF A PARI-MUTUEL WAGER, INCREASING THE PAYOFF OF,
PAYING A BONUS ON A WINNING PARI-MUTUEL TICKET, AWARDS  OF  MERCHANDISE,
SERVICES  SUCH  AS MEALS, PARKING, ADMISSION, SEATING AND PROGRAMS, FREE
OR REDUCED COST PARI-MUTUEL WAGERS AND MONETARY  AWARDS,  OR  ANY  OTHER
BENEFIT  THAT  THE  STATE  GAMING COMMISSION DEEMS APPROPRIATE TO REWARD
HORSE RACING PATRONS FOR THEIR PARTICIPATION AT RACE MEETINGS.
  2. THE STATE GAMING COMMISSION, UPON APPLICATION OF AN ASSOCIATION  OR
CORPORATION  CONDUCTING  PARI-MUTUEL  BETTING AT A RACE MEETING ON RACES
RUN THEREAT, MAY APPROVE THE PAYMENT OF REBATES BY SUCH  ASSOCIATION  OR
CORPORATION FOR A REBATE PROGRAM FOR A PERIOD OF UP TO ONE YEAR, SUBJECT
TO THE FOLLOWING REQUIREMENTS:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06752-04-3

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