Senate Bill S4370

Signed By Governor
2015-2016 Legislative Session

Relates to extending the disposition of off-track pools state tax to Saratoga county

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Archive: Last Bill Status - Signed by Governor


  • 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

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2015-S4370 (ACTIVE) - Details

See Assembly Version of this Bill:
A6332
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §527, RWB L

2015-S4370 (ACTIVE) - Summary

Relates to extending the disposition of off-track pools state tax to Saratoga county.

2015-S4370 (ACTIVE) - Sponsor Memo

2015-S4370 (ACTIVE) - Bill Text download pdf

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

                                  4370

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 17, 2015
                               ___________

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 extending the disposition of off-track pools state tax to
  Saratoga county

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

  Section  1.  The  opening paragraph of subdivision 1 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:
  The disposition of the retained commission from pools  resulting  from
regular,  multiple or exotic bets, as the case may be, whether placed on
races run within a region or  outside  a  region,  conducted  by  racing
corporations, harness racing associations or corporations, quarter horse
racing associations or corporations or races run outside the state shall
be governed by the tables in paragraphs a and b of this subdivision. The
rate  denominated  "state  tax" shall represent the rate of a reasonable
tax imposed upon the retained commission for the privilege of conducting
off-track pari-mutuel betting, which tax is hereby levied and  shall  be
payable  in the manner set forth in this section. Each off-track betting
corporation shall pay to the racing and wagering board as  a  regulatory
fee,  which fee is hereby levied, fifty hundredths of one percent of the
total daily pools of such corporation. Each corporation shall  also  pay
twenty  per  centum of the breaks derived from bets on harness races and
fifty per centum of the breaks derived from bets on all other  races  to
the  agriculture  and New York State horse breeding and development fund
and to the thoroughbred breeding and development fund, the total of such
payments to be apportioned fifty per centum to each such fund.  For  the
purposes  of  this  section, the New York city, Suffolk, Nassau, and the
Catskill regions shall constitute a single region and  any  thoroughbred

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09551-02-5
              

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