S T A T E O F N E W Y O R K
________________________________________________________________________
648
2015-2016 Regular Sessions
I N S E N A T E
(PREFILED)
January 7, 2015
___________
Introduced by Sen. KENNEDY -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations
AN ACT to amend the tax law, in relation to the disposition of revenue
from the lottery prize account
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraphs 3 and 4 of subdivision a of section 1612 of the
tax law, as amended by of chapter 174 of the laws of 2013, are amended
to read as follows:
(3) [fifty-five] FORTY-FIVE percent of the total amount for which
tickets have been sold for any joint, multi-jurisdiction, and out-of-
state lottery except as otherwise provided in paragraph one of subdivi-
sion b of this section for any joint, multi-jurisdiction, out-of-state
video lottery gaming; or
(4) [fifty] THIRTY-FIVE percent of the total amount for which tickets
have been sold for games known as: (A) the "Daily Numbers Game" or "Win
4", discrete games in which the participants select no more than three
or four of their own numbers to match with three or four numbers drawn
by the division for purposes of determining winners of such games, (B)
"Pick 10", offered no more than once daily, in which participants select
from a specified field of numbers a subset of ten numbers to match
against a subset of numbers to be drawn by the division from such field
of numbers for the purpose of determining winners of such game, (C)
"Take 5", offered no more than once daily, in which participants select
from a specified field of numbers a subset of five numbers to match
against a subset of five numbers to be drawn by the division from such
field of numbers for purposes of determining winners of such game; or
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04344-02-5
S. 648 2
S 2. The opening paragraph of paragraph 1 of subdivision b of section
1612 of the tax law, as amended by chapter 174 of the laws of 2013, is
amended to read as follows:
Notwithstanding section one hundred twenty-one of the state finance
law, on or before the twentieth day of each month, the division shall
pay into the state treasury, to the credit of the state lottery fund
created by section ninety-two-c of the state finance law, not less than
[forty-five] FIFTY percent of the total amount for which tickets have
been sold for games defined in paragraph four of subdivision a of this
section during the preceding month, not less than thirty-five percent of
the total amount for which tickets have been sold for games defined in
paragraph three of subdivision a of this section during the preceding
month, not less than [twenty] FORTY percent of the total amount for
which tickets have been sold for games defined in paragraph two of
subdivision a of this section during the preceding month, provided
however that for games with a prize payout of seventy-five percent of
the total amount for which tickets have been sold, the division shall
pay not less than ten percent of sales into the state treasury and not
less than twenty-five percent of the total amount for which tickets have
been sold for games defined in paragraph one of subdivision a of this
section during the preceding month; and the balance of the total revenue
after payout for prizes for games known as "video lottery gaming,"
including any joint, multi-jurisdiction, and out-of-state video lottery
gaming,
S 3. This act shall take effect on the first of October next succeed-
ing the date on which it shall have become a law.