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Senate Bill S8031

2015-2016 Legislative Session

Relates to commercial casinos

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Archive: Last Bill Status - In Assembly Committee

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2015-S8031 (ACTIVE) - Details

Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง1339, RWB L

2015-S8031 (ACTIVE) - Summary

Requires a written record of transactions and activities to be maintained pursuant to the rules of the commission in order to cash any check, make a loan, allow credit or release or discharge a debt or make a loan that represents any losses incurred by any player in a gaming activity.

2015-S8031 (ACTIVE) - Sponsor Memo

2015-S8031 (ACTIVE) - Bill Text download pdf 

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

                                  8031

                            I N  S E N A T E

                              June 7, 2016
                               ___________

Introduced  by  Sen. BONACIC -- (at request of the New York State Gaming
  Commission) -- read twice and ordered printed, and when printed to  be
  committed to the Committee on Rules

AN  ACT  to  amend  the racing, pari-mutuel wagering and breeding law in
  relation to the operation of commercial casinos

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

  Section  1.  Subdivision  1 of section 1339 of the racing, pari-mutuel
wagering and breeding law, as added by chapter 174 of the laws of  2013,
is amended to read as follows:
  1.  Except  as  otherwise provided in this section, no gaming facility
licensee or any person licensed under this article, and no person acting
on behalf of or under any arrangement with a gaming facility licensee or
other person licensed under this article, shall, UNLESS A WRITTEN RECORD
OF THE TRANSACTION OR ACTIVITY IS MAINTAINED PURSUANT TO  THE  RULES  OF
THE COMMISSION:
  (a)  [Cash]  CASH  any  check,  make any loan, or otherwise provide or
allow to any person any credit or  advance  of  anything  of  value,  or
[which]  THAT  represents  value,  to  enable any person to take part in
gaming activity as a player; or
  (b) [Release] RELEASE or discharge any debt, either  in  whole  or  in
part,  or  make  any loan [which] THAT represents any losses incurred by
any player in gaming activity[, without  maintaining  a  written  record
thereof in accordance with the rules of the commission].
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14423-01-6

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