Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 23, 2017 |
vetoed memo.164 |
Oct 11, 2017 |
delivered to governor |
Jun 21, 2017 |
returned to senate passed assembly ordered to third reading rules cal.674 substituted for a5994b |
Jun 19, 2017 |
referred to ways and means delivered to assembly passed senate |
Jun 05, 2017 |
advanced to third reading amended (t) 4287a |
May 24, 2017 |
2nd report cal. |
May 23, 2017 |
1st report cal.1270 |
Feb 14, 2017 |
reported and committed to finance |
Feb 08, 2017 |
referred to racing, gaming and wagering |
Senate Bill S4287A
Vetoed By Governor2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
(R, C, IP) Senate District
2017-S4287 - Details
- See Assembly Version of this Bill:
- A5994
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1612, Tax L
2017-S4287 - Sponsor Memo
BILL NUMBER: S4287 TITLE OF BILL : An act to amend the racing, pari-mutuel wagering and breeding law and the tax law, in relation to the payment of certain commissions PURPOSE OR GENERAL IDEA OF BILL : To adjust the timing of payments made by the state pursuant to the Upstate Gaming Economic Development Act of 2013 to video lottery terminal facilities that are located in the same region as a commercial casino so they can be made quarterly rather than annually. SUMMARY OF SPECIFIC PROVISIONS : Sections 1-3: Amend section 104 of the Racing, Pari-Mutuel Wagering and Breeding Law and clauses (G) and (G-2) of subparagraph (ii) of paragraph 1 of subdivision b of section 1612 of the Tax Law to empower the Gaming Commission to adopt, amend, and repeal a resolution to provide that the payments made by the state pursuant to the Upstate Gaming Economic Development Act of 2013 to video lottery terminal facilities that are located in the same region as a commercial casino are made quarterly rather than annually. Section 4:Effective date.
2017-S4287 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4287 2017-2018 Regular Sessions I N S E N A T E February 8, 2017 ___________ Introduced by Sens. BONACIC, MARCHIONE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Racing, Gaming and Wagering AN ACT to amend the racing, pari-mutuel wagering and breeding law and the tax law, in relation to the payment of certain commissions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 104 of the racing, pari-mutuel wagering and breed- ing law is amended by adding a new subdivision 24 to read as follows: 24. TO ADOPT, AMEND AND REPEAL A RESOLUTION PROVIDING FOR THE PAYMENT ON A QUARTERLY BASIS OF THE ADDITIONAL COMMISSIONS PAYABLE TO VENDOR TRACKS LOCATED IN REGIONS ONE AND TWO OF DEVELOPMENT ZONE TWO AS PROVIDED FOR IN CLAUSE (G) OF SUBPARAGRAPH (II) OF PARAGRAPH ONE OF SUBDIVISION B OF SECTION SIXTEEN HUNDRED TWELVE OF THE TAX LAW AND REGION SIX OF DEVELOPMENT ZONE TWO AS PROVIDED FOR IN CLAUSE (G-2) OF SUBPARAGRAPH (II) OF PARAGRAPH ONE OF SECTION SIXTEEN HUNDRED TWELVE OF THE TAX LAW. § 2. Clause (G) of subparagraph (ii) of paragraph 1 of subdivision b of section 1612 of the tax law, as amended by section 2 of part HH of chapter 60 of the laws of 2016, is amended to read as follows: (G) Notwithstanding any provision to the contrary, when a vendor track is located within regions one, two, or five of development zone two as defined by section thirteen hundred ten of the racing, pari-mutuel wagering and breeding law, such vendor track shall receive an additional commission at a rate equal to the percentage of revenue wagered at the vendor track after payout for prizes pursuant to this chapter, which percentage shall be one hundred, less the sum of the percentages of net revenue wagered at the vendor track retained by the commission for oper- ation, administration, and procurement purposes; and the vendor's fee, marketing allowance and capital award paid to the vendor track pursuant to this chapter; and the effective tax rate paid on all gross gaming EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
(R, C, IP) Senate District
2017-S4287A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5994
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1612, Tax L
2017-S4287A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4287A TITLE OF BILL : An act to amend the tax law, in relation to the payment of certain commissions PURPOSE OR GENERAL IDEA OF BILL : To adjust the timing of payments made by the state pursuant to the Upstate Gaming Economic Development Act of 2013 to video lottery terminal facilities that are located in the same region as a commercial casino so they can be made quarterly rather than annually. SUMMARY OF SPECIFIC PROVISIONS : Sections 1-2:Amends clauses (G) and (G-2) of subparagraph (ii) of paragraph 1 of subdivision b of section 1612 of the Tax Law to provide that the payments made by the state pursuant to the Upstate Gaming Economic Development Act of 2013 to video lottery terminal facilities that are located in the same region as a commercial casino are made quarterly rather than annually. Section 3:Effective date. JUSTIFICATION : Current law provides for these payments to be made on an annual basis.
2017-S4287A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4287--A Cal. No. 1270 2017-2018 Regular Sessions I N S E N A T E February 8, 2017 ___________ Introduced by Sens. BONACIC, MARCHIONE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Racing, Gaming and Wagering -- reported favorably from said committee and committed to the Committee on Finance -- reported favorably from said committee, ordered to first and second report, amended on second report, ordered to a third reading, and to be reprinted as amended, retaining its place in the order of third reading AN ACT to amend the tax law, in relation to the payment of certain commissions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Clause (G) of subparagraph (ii) of paragraph 1 of subdivi- sion b of section 1612 of the tax law, as amended by section 2 of part HH of chapter 60 of the laws of 2016, is amended to read as follows: (G) Notwithstanding any provision to the contrary, when a vendor track is located within regions one, two, or five of development zone two as defined by section thirteen hundred ten of the racing, pari-mutuel wagering and breeding law, such vendor track shall receive an additional commission at a rate equal to the percentage of revenue wagered at the vendor track after payout for prizes pursuant to this chapter, which percentage shall be one hundred, less the sum of the percentages of net revenue wagered at the vendor track retained by the commission for oper- ation, administration, and procurement purposes; and the vendor's fee, marketing allowance and capital award paid to the vendor track pursuant to this chapter; and the effective tax rate paid on all gross gaming revenue paid by a gaming facility within the same region pursuant to section thirteen hundred fifty-one of the racing, pari-mutuel wagering and breeding law, provided, however, such additional commission shall be applied to revenue wagered at the vendor track after payout for prizes only while a gaming facility in the same region is open and operational pursuant to an operation certificate issued pursuant to section thirteen EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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