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Senate Bill S7833

Signed By Governor

2013-2014 Legislative Session

Authorizes the conducting of video lottery gaming until 6:00 A.M. and authorizes operators to provide free play in an amount equal to 15% of the total annual wagers

download bill text pdf

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Archive: Last Bill Status Via A10075 - Signed by Governor

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2013-S7833 (ACTIVE) - Details

See Assembly Version of this Bill:
A10075
Law Section:
Tax Law
Laws Affected:
Amd ยง1617-a, Tax L

2013-S7833 (ACTIVE) - Summary

Authorizes the conducting of video lottery gaming until 6:00 A.M. and authorizes operators to provide free play in an amount equal to 15% of the total annual wagers.

2013-S7833 (ACTIVE) - Sponsor Memo

2013-S7833 (ACTIVE) - Bill Text download pdf 

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

                                  7833

                            I N  S E N A T E

                              June 13, 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  tax law, in relation to the authorized hours of
  conducting video lottery gaming and the amount of free play authorized
  therefor

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

  Section  1. Subdivision b of section 1617-a of the tax law, as amended
by section 5 of part K of chapter 57 of the laws of 2010, is amended  to
read as follows:
  b. Video lottery gaming shall only be permitted for no more than twen-
ty  consecutive  hours  per  day  and  on no day shall such operation be
conducted past [4:00] 6:00 a.m.
  S 2. Paragraph 3 of subdivision f of section 1617-a of the tax law, as
added by section 2 of part O of chapter 61  of  the  laws  of  2011,  is
amended to read as follows:
  (3) For each video lottery facility, the annual value of the free play
allowance  credits  authorized  for use by the operator pursuant to this
subdivision shall not exceed an amount equal to [ten] FIFTEEN percent of
the total amount wagered on video lottery games after payout of  prizes.
The  division shall establish procedures to assure that free play allow-
ance credits do not exceed such amount.
  S 3. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15437-01-4

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