senate Bill S2901

Signed By Governor
2013-2014 Legislative Session

Relates to resources of the New York state thoroughbred breeding and development fund

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Sponsored By

Archive: Last Bill Status Via A7156 - 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 (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 12, 2013 signed chap.123
Jul 02, 2013 delivered to governor
Jun 18, 2013 returned to assembly
passed senate
3rd reading cal.1432
substituted for s2901
Jun 18, 2013 substituted by a7156
ordered to third reading cal.1432
Jun 11, 2013 reported and committed to rules
May 07, 2013 reported and committed to finance
Jan 24, 2013 referred to racing, gaming and wagering

Votes

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Jun 18, 2013 - Rules committee Vote

S2901
22
1
committee
22
Aye
1
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Rules committee vote details

Jun 11, 2013 - Finance committee Vote

S2901
32
2
committee
32
Aye
2
Nay
2
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Finance committee vote details

May 7, 2013 - Racing, Gaming and Wagering committee Vote

S2901
11
0
committee
11
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Racing, Gaming and Wagering committee vote details

Racing, Gaming and Wagering Committee Vote: May 7, 2013

S2901 - Bill Details

See Assembly Version of this Bill:
A7156
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §254, RWB L
Versions Introduced in 2011-2012 Legislative Session:
S7390, A10514

S2901 - Bill Texts

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Relates to resources of the New York state thoroughbred breeding and development fund.

view sponsor memo
BILL NUMBER:S2901

TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and
breeding law, in relation to resources of the New York state thorough-
bred breeding and development fund

PURPOSE: To amend § 254 of the Racing Pari-Mutuel Wagering and Breeding
Law ("Racing Law") to provide the New York State Thoroughbred Breeding
and Development Fund ("Fund") with greater discretion to allocate its
resources.

SUMMARY OF PROVISIONS:

Section one amends the Racing Law to clarify that existing purse enrich-
ment allocation percentages to tracks and incentives can be awarded to
NY Breds regardless of the type of race it has entered (open or
restricted).

Section two is the effective date.

EXISTING LAW: The existing purse enrichment provision provides that the
monies allocated to purse enrichment be divided in a 60/40 proportion
between the New York thoroughbred track operators.

JUSTIFICATION: The existing purse enrichment-related requirement that
specific allotments to NY Breds running in only restricted races
prevents the Fund from awarding a larger pool of NY Breds and further
incentives NY breeders and owners to enter open company races.

LEGISLATIVE HISTORY:

S.7390 of 2012, delivered to Senate, referred to rules

EFFECTIVE DATE: Immediately

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

                                  2901

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 24, 2013
                               ___________

Introduced by Sen. MARCHIONE -- 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 resources of the New York state thoroughbred breeding and
  development fund

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

  Section 1. Subparagraph (i) of paragraph d of subdivision 2 of section
254  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:
  (i) An amount as shall be determined by the fund but not in excess  of
forty-four  percent  to provide purse moneys [for races] exclusively for
New York-breds ENTERED IN ALL RACES, the conditions of which  have  been
approved  by the fund.  Provided, however, that the fund shall set aside
forty percent of the funds allotted under  this  subdivision  to  tracks
operated  by  corporations licensed or franchised in accordance with the
provisions of section two hundred five or section  two  hundred  six  of
this  article  except  that in addition to the other amounts allotted by
the fund under this paragraph, seventy-five  percent  of  fund  revenues
derived  from  payments  received  in accordance with subdivision one of
section five hundred twenty-seven of  this  chapter  shall  be  allotted
exclusively  to  purses  at  a  track operated by a corporation licensed
under the provisions of section two hundred five of this article.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07500-01-3

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