Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to racing, gaming and wagering |
Mar 12, 2013 |
referred to racing, gaming and wagering |
Senate Bill S4173
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Racing, Gaming And Wagering Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2013-S4173 (ACTIVE) - Details
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1612, Tax L; add §1113, RWB L
2013-S4173 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4173 TITLE OF BILL: An act to amend the tax law and the racing, pari-mutuel wagering and breeding law, in relation to vendor's fees GENERAL PURPOSE: To require casinos authorized pursuant to Article 1, Section 9 of the state Constitution to be located at existing racetracks that are conducting video lottery gaming and to require such facilities to make racing support payments to regional tracks for purse enhancements and capital expenditures. SUMMARY OF SPECIFIC PROVISIONS: This bill amends Section 1612 of the Tax Law to extend the current 41% vendor fee for video lottery facility operators within 40 miles of a Native American Casino to those racetracks operating VLTs that are within 40 miles of a commercial casino authorized by Section 9 subdivision 1 of the Constitution. The bill further adds a new Section 1113 to the Racing, Pari-Mutuel Wagering and Breeding Law to provide that the operation of casino gaming at a facility pursuant to Section 9, subdivision 1 of the Constitution could only be conducted by a racetrack that on or before September 1, 2011 was licensed to conduct video lottery gaming provided that the conduct of casino gaming occurs only at the premises or a contiguous premises where video lottery gaming was authorized to be conducted. The net proceeds from casino gaming must be applied exclusively to support education except that 10% of such funds could
2013-S4173 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4173 2013-2014 Regular Sessions I N S E N A T E March 12, 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 tax law and the racing, pari-mutuel wagering and breeding law, in relation to vendor's fees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Clause (D) of subparagraph (ii) of paragraph 1 of subdivi- sion b of section 1612 of the tax law, as amended by section 6 of part K of chapter 57 of the laws of 2010, is amended to read as follows: (D) notwithstanding clauses (A), (B) and (C) of this subparagraph, when the vendor track is located within fifteen miles of a Native Ameri- can class III gaming facility OR A GAMING FACILITY AUTHORIZED PURSUANT TO SUBDIVISION ONE OF SECTION NINE OF ARTICLE ONE OR ARTICLE FOUR OF THE STATE CONSTITUTION, at a rate of forty-one percent of the total revenue wagered at the vendor track after payout for prizes pursuant to this chapter; S 2. The racing, pari-mutuel wagering and breeding law is amended by adding a new section 1113 to read as follows: S 1113. INVESTMENT IN CERTAIN FACILITIES. 1. THE OPERATION OF CASINO GAMING AT A FACILITY PURSUANT TO SUBDIVISION ONE OF SECTION NINE OF ARTICLE ONE OF THE CONSTITUTION SHALL ONLY BE CONDUCTED BY AN ENTITY WHICH, ON OR BEFORE SEPTEMBER FIRST, TWO THOUSAND ELEVEN WAS LICENSED BY LAW THEN IN EFFECT TO CONDUCT VIDEO LOTTERY GAMING PURSUANT TO SECTION SIXTEEN HUNDRED SEVENTEEN-A OF THE TAX LAW AND ONLY UPON THE PREMISES OR A CONTIGUOUS PREMISES WHERE SUCH VIDEO LOTTERY GAMING WAS AUTHORIZED TO BE CONDUCTED. THE NET PROCEEDS DERIVED BY THE STATE FROM SUCH CASINO GAMING SHALL BE APPLIED EXCLUSIVELY TO OR IN AID OR SUPPORT OF EDUCATION IN THIS STATE AS THE LEGISLATURE MAY PRESCRIBE EXCEPT THAT NO MORE THAN TEN PERCENT OF SUCH FUNDS MAY BE USED FOR THE SUPPORT OF LOCAL GOVERN- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08481-02-3
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