senate Bill S6236

Signed By Governor
2013-2014 Legislative Session

Authorizes the payments of rebates on pari-mutuel wagers

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Archive: Last Bill Status - 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 (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 17, 2014 signed chap.11
Mar 12, 2014 delivered to governor
Feb 03, 2014 returned to senate
passed assembly
ordered to third reading cal.426
substituted for a8510
Jan 23, 2014 referred to racing and wagering
Jan 22, 2014 delivered to assembly
passed senate
Jan 13, 2014 ordered to third reading cal.8
committee discharged and committed to rules
Jan 08, 2014 referred to racing, gaming and wagering

Votes

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S6236 - Details

See Assembly Version of this Bill:
A8510
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง109-b, RWB L

S6236 - Summary

Authorizes the payments of rebates on pari-mutuel wagers.

S6236 - Sponsor Memo

S6236 - Bill Text download pdf

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

                                  6236

                            I N  S E N A T E

                               (PREFILED)

                             January 8, 2014
                               ___________

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.  Section  109-b  of  the  racing, pari-mutuel wagering and
breeding law, as added by chapter 472 of the laws of 2013, is amended 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] ENTITY conducting pari-mutuel betting [at  a  race
meeting  on  races run thereat, which], THAT is paid to holders of pari-
mutuel wagering tickets and [which] THAT reduces  the  amount  otherwise
payable  to such [association or corporation. Such term shall be defined
in rules promulgated by the commission and may include] ENTITY,  INCLUD-
ING, 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, park-
ing,  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] PATRONAGE at race meetings.
  2. The state gaming commission, upon application of an [association or
corporation conducting] ENTITY AUTHORIZED TO CONDUCT pari-mutuel betting
[at a race meeting on races run thereat], may  approve  the  payment  of
rebates by such [association or corporation] ENTITY for a rebate program
[for a period of up to one year], subject to the following requirements:
  a.  the  applicant  discloses  the  extent of the rebate program. Such
disclosure shall include a listing of the monetary value of all  rebates
paid  to  bettors  during  the previous calendar year, and the terms and

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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