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Senate Bill S4367

2015-2016 Legislative Session

In relation to payments in support of racing

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Archive: Last Bill Status - In Senate Committee Rules Committee

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2015-S4367 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง1355, RWB L
Versions Introduced in 2017-2018 Legislative Session:
S1003

2015-S4367 (ACTIVE) - Summary

Relates to payments in support of racing; sets up a fee applicants must pay if they are issued a gaming facility license and they do not possess either a pari-mutuel wagering license or franchise award.

2015-S4367 (ACTIVE) - Sponsor Memo

2015-S4367 (ACTIVE) - Bill Text download pdf 

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

                                  4367

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 17, 2015
                               ___________

Introduced  by  Sen. BONACIC -- 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 payments in support of racing

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

  Section  1.  Subdivision  2 of section 1355 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:
  2. If an applicant that does not possess either a pari-mutuel wagering
license  or  franchise  awarded pursuant to article two or three of this
chapter is issued a gaming facility license pursuant  to  this  article,
the licensee shall pay:
  (a) an amount to horsemen for purses at the licensed racetracks in the
region  AND  IN  THE  CASE OF REGION FIVE ANY LICENSED RACETRACKS WITHIN
FIFTY MILES OF THE LICENSEE'S  FACILITY,  that  will  assure  the  purse
support  from  video  lottery gaming facilities in the region AND IN THE
CASE OF REGION FIVE ANY SUCH LICENSED RACETRACKS WITHIN FIFTY  MILES  OF
THE LICENSEE'S FACILITY, to the licensed racetracks in the region AND IN
THE  CASE  OF  REGION FIVE ANY SUCH FACILITIES WITHIN FIFTY MILES OF THE
LICENSEE'S FACILITY, to be maintained at the same dollar levels realized
in two thousand thirteen to be adjusted by the consumer price index  for
all  urban consumers, as published annually by the United States depart-
ment of labor bureau of labor statistics; and
  (b) amounts to the agricultural and  New  York  state  horse  breeding
development fund and the New York state thoroughbred breeding and devel-
opment fund to maintain payments from video lottery gaming facilities in
the  region  AND  IN  THE CASE OF REGION FIVE ANY SUCH FACILITIES WITHIN
FIFTY MILES OF THE LICENSEE'S FACILITY, to such funds to  be  maintained
at  the  same  dollar  levels  realized  in  two thousand thirteen to be

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08461-01-5

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