NY State Senate Bill 2017-S4289

Archive: Last Bill Status - In Senate Committee Finance Committee

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

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 03, 2018	referred to finance
Feb 27, 2017	print number 4289a
Feb 27, 2017	amend (t) and recommit to finance
Feb 08, 2017	referred to finance

Bill Amendments

Original

A (Active)

co-Sponsors

2017-S4289 - Details

Current Committee:: Senate Finance
Law Section:: Appropriations

2017-S4289 - Summary

Appropriates $1,200,000 to the Finger Lakes Racetrack for VLT mitigation.

2017-S4289 - Sponsor Memo

                                 BILL NUMBER:  S4289

 TITLE OF BILL :  An act making an appropriation to the Finger Lakes
Racetrack and the New York state thoroughbred breeding and development
fund

 PURPOSE :

To ensure that the Finger Lakes Racetrack and the New York State
Thoroughbred Breeding and Development fund are made whole and
protected from anticipated reductions in VLT revenue as a result of
competition from a nearby casino.

 SUMMARY OF PROVISIONS :

Section 1- Appropriates $3 million-$2,625,000 to Finger Lakes
Racetrack and $375,000 to the New York State Thoroughbred Breeding and
Development fund.

Section 2- Sets forth the effective date

 JUSTIFICATION :

The Upstate New York Gaming Economic Development Act of 2013,
empowered the Gaming Commission through the The New York State Resort
Gaming Facility Location Board to site Casinos in various zones around

the state that were not impacted by Native American Exclusivity
arrangements. One of the successful applicants located in Region 5,
Zone 2 was Del Lago Casino. The selection of this site, fell outside
of the zone established in the law that would have guaranteed
mitigation payments from Del Lago to support racing at Finger, Lakes.
This bill is necessary because the State passed legislation to create
the siting process for casinos, the state siting board chose the
winners and therefore the state should be solely responsible for
mitigating any potential loss of revenue to Finger Lakes Racetrack and
The New York State Thoroughbred Breeding and Development Fund.
Businesses that follow the rules put in place by the state should not
be punished for having done so. Similarly, it is wrong, as some have
proposed to change the rules midstream and extend the distance
requirements to trigger mitigation payments in this case. That
approach could threaten the financing and business plan put in place
for one of the region's largest economic development projects that has
recently open and employs more than 1,400 people. The figure arrived
at in this bill is based on the siting board's finding that Del Lago
would, have a 21% first year impact on Video Lottery Terminal (VLT)
revenue from Finger Lakes.  Since Finger Lakes 2016 Revenue from VLT's
was $129 million and the share that would go to support the horsemen
funds is 10% (8.75 to purses and 1.25 to the Breeders fund), this bill
appropriates $3 million to make them whole this year, slightly more
than the formula would dictate. This is the fairest solution for all
involved as it ensures that two very important economic development
projects in the Finger Lakes Region are protected and that no one is
punished for having followed the rules set forth by the State.

 LEGISLATIVE HISTORY :

New Bill

 FISCAL IMPLICATIONS :

This bill will cost the State $3 million

 EFFECTIVE DATE :
Immediate

2017-S4289 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4289
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 8, 2017
                                ___________
 
 Introduced  by Sens. FUNKE, MARCHIONE -- read twice and ordered printed,
   and when printed to be committed to the Committee on Finance
 
 AN ACT making an appropriation to the Finger Lakes Racetrack and the New
   York state thoroughbred breeding and development fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The sum of three million dollars ($3,000,000), or so much
 thereof as may be necessary, is hereby appropriated out of any moneys in
 the state treasury in the general  fund  to  the  credit  of  the  state
 purposes  account not otherwise appropriated as follows: two million six
 hundred twenty-five thousand dollars ($2,625,000) shall be  made  avail-
 able to the Finger Lakes Racetrack, a business corporation authorized to
 conduct  racing  at  a  thoroughbred track located in Ontario County and
 licensed pursuant to section 201 of the racing, pari-mutuel wagering and
 breeding law to be used exclusively for purses; and three hundred seven-
 ty-five thousand dollars ($375,000) shall be made available to  the  New
 York  state  thoroughbred  breeding  and development fund established by
 section 252 of the racing, pari-mutuel wagering  and  breeding  law,  to
 ensure  that  purse  support  funding and funding for the New York State
 Thoroughbred Breeding and Development Fund  provided  by  video  lottery
 gaming  are maintained at 2013 levels for certain licensed racetracks in
 the Eastern Southern Tier Region (Region 5). Such moneys shall be  paya-
 ble on the audit and warrant of the comptroller on vouchers certified or
 approved  by  the  New  York  State  gaming  commissioner  in the manner
 prescribed by law.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09606-02-7

co-Sponsors

2017-S4289A (ACTIVE) - Details

Current Committee:: Senate Finance
Law Section:: Appropriations

2017-S4289A (ACTIVE) - Summary

Appropriates $1,200,000 to the Finger Lakes Racetrack for VLT mitigation.

2017-S4289A (ACTIVE) - Sponsor Memo

                                 BILL NUMBER:  S4289A

 TITLE OF BILL :  An act making an appropriation to the Finger Lakes
Racetrack

 PURPOSE :

To ensure that the Finger Lakes Racetrack and the New York State
Thoroughbred Breeding and Development fund are made whole and
protected from anticipated reductions in VLT revenue as a result of
competition from a nearby casino.

 SUMMARY OF PROVISIONS :

Section 1- Appropriates $1.2 million to Finger Lakes Racetrack for
fiscal years 2017-2018 and 2018-2019

Section 2- Sets forth the effective date

 JUSTIFICATION :

The Upstate New York Gaming Economic Development Act of 2013,
empowered the Gaming Commission through the The New York State Resort
Gaming Facility Location Board to site Casinos in various zones around
the state that were not impacted by Native American Exclusivity
arrangements. One of the successful applicants located in Region 5,

Zone 2 was Del Lago Casino. The selection of this site, fell outside
of the zone established in the law that would have guaranteed
mitigation payments from Del Lago to support racing at Finger Lakes.
This bill is necessary because the State passed legislation to create
the siting process for casinos, the state siting board chose the
winners and therefore the state should be responsible for mitigating
any potential loss of revenue to Finger Lakes Racetrack, that may
negatively impact the thoroughbred Racing Season this year or next.
Businesses that follow the rules put in place by the state should not
be punished for having done so. ensures that two very important
economic development projects in the Finger Lakes Region are protected
and that no one is punished for having followed the rules set forth by
the State. Recently the Governor has put forth a plan that would count
on payments from other entitie s and a reduction of the number of
races per year and per day, but, provides no direct state funding. We
believe that this is the wrong approach. Providing $1.2 million for
the next two years, will ensure that there continues to be 9 races per
day at Finger Lakes and the purses for those races will be fully
protected. The State is responsible for the flawed process that caused
these issues, and the state must be fully invested in any solution to
these problems as well.

 LEGISLATIVE HISTORY :

New Bill

 FISCAL IMPLICATIONS :

This bill will cost the State $2.4 million, $1.2 million this year and
the following fiscal year.

 EFFECTIVE DATE :
Immediate

2017-S4289A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4289--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 8, 2017
                                ___________
 
 Introduced  by Sens. FUNKE, MARCHIONE -- read twice and ordered printed,
   and when printed to be  committed  to  the  Committee  on  Finance  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee
 
 AN ACT making an appropriation to the Finger Lakes Racetrack

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  sum  of  one  million  two  hundred thousand dollars
 ($1,200,000), or so much thereof as may be necessary, is  hereby  appro-
 priated  out  of any moneys in the state treasury in the general fund to
 the credit of the state purposes account not otherwise appropriated, and
 made available to the Finger Lakes  Racetrack,  a  business  corporation
 authorized  to conduct racing at a thoroughbred track located in Ontario
 County and licensed pursuant to section 201 of the  racing,  pari-mutuel
 wagering  and  breeding  law  to  be used exclusively for purses.   Such
 moneys shall be payable on the audit and warrant of the  comptroller  on
 vouchers certified or approved by the New York State gaming commissioner
 in the manner prescribed by law.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09606-03-7

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S4289

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee

Bill Amendments

co-Sponsors

2017-S4289 - Details

2017-S4289 - Summary

2017-S4289 - Sponsor Memo

2017-S4289 - Bill Text download pdf

co-Sponsors

2017-S4289A (ACTIVE) - Details

2017-S4289A (ACTIVE) - Summary

2017-S4289A (ACTIVE) - Sponsor Memo

2017-S4289A (ACTIVE) - Bill Text download pdf

Comments

Senate Bill S4289

Share this bill

Sponsored By

Rich Funke

Archive: Last Bill Status - In Senate Committee Finance Committee

Bill Amendments

co-Sponsors

Kathleen A. Marchione

2017-S4289 - Details

2017-S4289 - Summary

2017-S4289 - Sponsor Memo

2017-S4289 - Bill Text download pdf

co-Sponsors

Kathleen A. Marchione

2017-S4289A (ACTIVE) - Details

2017-S4289A (ACTIVE) - Summary

2017-S4289A (ACTIVE) - Sponsor Memo

2017-S4289A (ACTIVE) - Bill Text download pdf

Comments