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Senate Bill S2982

2013-2014 Legislative Session

Relates to the disposition of off-track pools

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Sponsored By

Archive: Last Bill Status - In Senate Committee Racing, Gaming And Wagering Committee

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2013-S2982 (ACTIVE) - Details

Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §527, RWB L
Versions Introduced in Other Legislative Sessions:
2009-2010: S6896
2011-2012: S3823

2013-S2982 (ACTIVE) - Summary

Relates to the disposition of off-track pools.

2013-S2982 (ACTIVE) - Sponsor Memo

2013-S2982 (ACTIVE) - Bill Text download pdf 

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

                                  2982

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 28, 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 the disposition of off-track pools

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

  Section  1.  Subdivision 5-a of section 527 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:
  5-a. Notwithstanding any other provision of  law,  a  regional  corpo-
ration shall retain, in addition to those amounts described in the open-
ing  paragraph  of this section, from regular and multiple bets on races
run at tracks electing to withhold pursuant to section two hundred thir-
ty-seven or section three hundred nineteen of this  chapter,  an  amount
equal  to  one per centum of pools resulting from total wagering at such
tracks, [one-half of which shall be paid to such  tracks  or  non-profit
county  agricultural  society, except that the full one per centum shall
be paid to a thoroughbred track in  the  Catskill  region  conducting  a
mixed  meeting, to be used exclusively for capital improvements pursuant
to sections two hundred thirty-seven and three hundred nineteen of  this
chapter  and  subject  to  the  rules  and regulations of the racing and
wagering board and one-half] to be retained by the regional  corporation
for its own corporate purposes.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06045-01-3

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