Bill Text: NY S04367 | 2015-2016 | General Assembly | Amended

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Bill Title: Relates to payments in support of racing; sets up a fee 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: Bipartisan Bill

Status: (Introduced - Dead) 2016-06-17 - COMMITTED TO RULES [S04367 Detail]

Download: New_York-2015-S04367-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          4367
                               2015-2016 Regular Sessions
                    IN SENATE
                                     March 17, 2015
                                       ___________
        Introduced  by  Sen. BONACIC -- 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 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
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08461-01-5