senate Bill S7856

2021-2022 Legislative Session

Prohibits regional off-track betting corporations from providing items of value exceeding fifteen dollars to certain associates of the corporation

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (7)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 24, 2022 referred to racing and wagering
delivered to assembly
passed senate
Feb 16, 2022 advanced to third reading
Feb 15, 2022 2nd report cal.
Feb 14, 2022 1st report cal.474
Jan 12, 2022 referred to racing, gaming and wagering

Votes

view votes

Feb 14, 2022 - Racing, Gaming and Wagering committee Vote

S7856
5
0
committee
5
Aye
0
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Racing, Gaming and Wagering committee vote details

Racing, Gaming and Wagering Committee Vote: Feb 14, 2022

aye wr (2)

Co-Sponsors

S7856 (ACTIVE) - Details

See Assembly Version of this Bill:
A9393
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add §503-b, amd §517, RWB L

S7856 (ACTIVE) - Summary

Prohibits regional off-track betting corporations from providing items of value exceeding fifteen dollars to any board member, officer, or employee of the corporation, any contractor, subcontractor, consultant, or other agent of the corporation, or any spouse, child, sibling or parent of such persons; adds reporting requirements for regional off-track betting corporations.

S7856 (ACTIVE) - Sponsor Memo

S7856 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7856
 
                             I N  S E N A T E
 
                             January 12, 2022
                                ___________
 
 Introduced  by  Sen. KENNEDY -- 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 prohibiting regional off-track betting  corporations  from
   providing  items of value exceeding fifteen dollars to certain associ-
   ates of the corporation

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
 amended by adding a new section 503-b to read as follows:
   § 503-B. PROMOTIONAL SPENDING RESTRICTED FROM CORPORATION  ASSOCIATES.
 NO  REGIONAL  OFF-TRACK  BETTING CORPORATION OR ANY SUBSIDIARY WHOLLY OR
 PARTIALLY CONTROLLED BY SUCH  REGIONAL  OFF-TRACK  BETTING  CORPORATION,
 INCLUDING  BUT  NOT  LIMITED TO VIDEO LOTTERY TERMINAL FACILITIES, SHALL
 MAKE AVAILABLE TO ANY BOARD MEMBER, OFFICER, OR EMPLOYEE OF  THE  CORPO-
 RATION, ANY CONTRACTOR, SUBCONTRACTOR, CONSULTANT, OR OTHER AGENT OF THE
 CORPORATION,  OR  ANY  SPOUSE,  CHILD, SIBLING OR PARENT RESIDING IN THE
 PRINCIPAL PLACE OF ABODE OF ANY OF THE FOREGOING PERSONS, OR  ANY  BUSI-
 NESS,  PROFESSIONAL,  OR  PERSONAL  ASSOCIATES  OF  ANY OF THE FOREGOING
 PERSONS, ANY EVENT TICKETS, BEVERAGES, FOOD, OR  OTHER  THING  OF  VALUE
 THAT  EXCEEDS A VALUE OF FIFTEEN DOLLARS, EXCEPT AS OTHERWISE EXPLICITLY
 PROVIDED IN THIS CHAPTER. THIS LIMITATION SHALL APPLY, BUT NOT BE LIMIT-
 ED TO, THE MARKETING PLAN AND PROMOTIONAL ACTIVITIES OF THE CORPORATION.
 ALL PROMOTIONAL AND MARKETING ACTIVITIES OF  THE  CORPORATION  SHALL  BE
 SUBJECT  TO APPROVAL AND OVERSIGHT BY THE GAMING COMMISSION, WHICH SHALL
 ENSURE THAT SUCH  MARKETING  PLAN  AND  ACTIVITIES  OF  THE  CORPORATION
 PROHIBIT SELF-DEALING.
   § 2. Section 517 of the racing, pari-mutuel wagering and breeding law,
 as  amended  by  chapter  243 of the laws of 2020, is amended to read as
 follows:
   § 517. Annual reports. In addition to the reports required by  article
 five-a  of this chapter, within one hundred twenty days after the end of
 the fiscal year of the corporation, the directors thereof  shall  submit
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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