Bill Text: NY A06345 | 2015-2016 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relates to payments in support of racing; sets up a payment applicants must pay if they are issued a gaming facility license and they do not possess either a pari-mutuel wagering license or franchise award.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2016-01-06 - referred to racing and wagering [A06345 Detail]

Download: New_York-2015-A06345-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6345
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                    March 20, 2015
                                      ___________
       Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
         tee on Racing and Wagering
       AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
         relation to payments in support of racing
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision 2 of section 1355 of  the  racing,  pari-mutuel
    2  wagering  and breeding law, as added by chapter 174 of the laws of 2013,
    3  is amended to read as follows:
    4    2. If an applicant that does not possess either a pari-mutuel wagering
    5  license or franchise awarded pursuant to article two or  three  of  this
    6  chapter  is  issued  a gaming facility license pursuant to this article,
    7  the licensee shall pay:
    8    (a) an amount to horsemen for purses at the licensed racetracks in the
    9  region AND IN THE CASE OF REGION FIVE  ANY  LICENSED  RACETRACKS  WITHIN
   10  FIFTY  MILES  OF  THE  LICENSEE'S  FACILITY,  that will assure the purse
   11  support from video lottery gaming facilities in the region  AND  IN  THE
   12  CASE  OF  REGION FIVE ANY SUCH LICENSED RACETRACKS WITHIN FIFTY MILES OF
   13  THE LICENSEE'S FACILITY, to the licensed racetracks in the region AND IN
   14  THE CASE OF REGION FIVE ANY SUCH FACILITIES WITHIN FIFTY  MILES  OF  THE
   15  LICENSEE'S FACILITY, to be maintained at the same dollar levels realized
   16  in  two thousand thirteen to be adjusted by the consumer price index for
   17  all urban consumers, as published annually by the United States  depart-
   18  ment of labor bureau of labor statistics; and
   19    (b)  amounts  to  the  agricultural  and New York state horse breeding
   20  development fund and the New York state thoroughbred breeding and devel-
   21  opment fund to maintain payments from video lottery gaming facilities in
   22  the region AND IN THE CASE OF REGION FIVE  ANY  SUCH  FACILITIES  WITHIN
   23  FIFTY  MILES  OF THE LICENSEE'S FACILITY, to such funds to be maintained
   24  at the same dollar levels  realized  in  two  thousand  thirteen  to  be
   25  adjusted  by  the  consumer  price  index  for  all  urban consumers, as
   26  published annually by the United States department of  labor  bureau  of
   27  labor statistics.
   28    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD08461-01-5
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