Senate Bill S1975

Signed By Governor
2019-2020 Legislative Session

Relates to the disposition of off-track pools

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • 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

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2019-S1975 (ACTIVE) - Details

See Assembly Version of this Bill:
A7187
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §527, RWB L
Versions Introduced in 2017-2018 Legislative Session:
S9096, A11218

2019-S1975 (ACTIVE) - Summary

Adds tracks located in Westchester county to the tracks excepted from being considered regional tracks.

2019-S1975 (ACTIVE) - Sponsor Memo

2019-S1975 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1975
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2019
                                ___________
 
 Introduced  by  Sen. ADDABBO -- 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 the disposition of off-track pools

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  opening paragraph of subdivision 1 of section 527 of
 the racing, pari-mutuel wagering and breeding law, as amended by section
 4 of part BB of chapter 60 of the laws of 2016, is amended  to  read  as
 follows:
   The  disposition  of the retained commission from pools resulting from
 regular, multiple or exotic bets, as the case may be, whether placed  on
 races  run  within  a  region  or  outside a region, conducted by racing
 corporations, harness racing associations or corporations, quarter horse
 racing associations or corporations or races run outside the state shall
 be governed by the tables in paragraphs a and b of this subdivision. The
 rate denominated "state tax" shall represent the rate  of  a  reasonable
 tax imposed upon the retained commission for the privilege of conducting
 off-track  pari-mutuel  betting, which tax is hereby levied and shall be
 payable in the manner set forth in this section. Each off-track  betting
 corporation  shall  pay  to  the  gaming commission as a regulatory fee,
 which fee is hereby levied, six-tenths of one percent of the total daily
 pools of such  corporation.  Each  corporation  shall  also  pay  twenty
 percent  of  the  breaks  derived  from  bets on harness races and fifty
 percent of the breaks derived from bets on all other races to the  agri-
 culture  and  New  York State horse breeding and development fund and to
 the thoroughbred breeding  and  development  fund,  the  total  of  such
 payments  to  be  apportioned  fifty  percent to each such fund. For the
 purposes of this section, the New York city, Suffolk,  Nassau,  and  the
 Catskill  regions  shall constitute a single region and any thoroughbred
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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