|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 06, 2016||referred to rules|
|May 13, 2015||referred to rules|
senate Bill S5356
Archive: Last Bill Status - In Senate Rules Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5356 - Details
- Law Section:
- State Finance
S5356 - Sponsor Memo
BILL NUMBER:S5356 TITLE OF BILL: An act relating to the payment of aid to eligible municipalities in which a video lottery gaming facility is located PURPOSE: To restore funding to the host municipalities of upstate video lottery gaming facilities. SUMMARY OF PROVISIONS: Section 1 states that those municipalities with video lottery gaming facilities shall receive 100% of the aid that was received in the fiscal year commencing April 1, 2008. Section 2 state the effective date. JUSTIFICATION: With the enactment of local racinos, it was decided that host municipalities receive a share of revenue for serving as the host municipality. In the 2008-2009 budget, aid to municipalities pertaining to this legislation were cut by 60%. This legislation seeks to provide VLT host municipalities their payment of aid in an amount equal to 100 percent of the aid they received in 2008 prior to the enactment of the 2008-2009 budget. LEGISLATIVE HISTORY: New bill.
S5356 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5356 2015-2016 Regular Sessions I N S E N A T E May 13, 2015 ___________ Introduced by Sen. MARCHIONE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT relating to the payment of aid to eligible municipalities in which a video lottery gaming facility is located THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of chapter 53 of the laws of 2015, for the payment of aid to eligible municipalities in which a video lottery gaming facility is located pursuant to section 54-l of the state finance law, such municipalities shall receive aid in an amount equal to 100 percent of the aid which such municipalities received in the state fiscal year commencing April 1, 2008. S 2. This act shall take effect immediately and shall be deemed to have been in full force and effect on the same date as chapter 53 of the laws of 2015 took effect. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10959-01-5
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