Bill Text: NY S05670 | 2015-2016 | General Assembly | Amended

---

Bill Title: Relates to the sharing of revenue from gaming devices located within the county of Madison.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Vetoed) 2016-09-30 - VETOED MEMO.222 [S05670 Detail]

Download: New_York-2015-S05670-Amended.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                         5670--A
                               2015-2016 Regular Sessions
                    IN SENATE
                                      May 26, 2015
                                       ___________
        Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance -- recommitted  to
          the  Committee  on Finance in accordance with Senate Rule 6, sec. 8 --
          committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted to said committee
        AN  ACT  to  amend  the state finance law, in relation to the sharing of
          revenue from gaming devices located within the county of Madison
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1.  Subdivision 3 of section 99-h of the state finance law, as
     2  amended  by  section 7 of chapter 174 of the laws of 2013, is amended to
     3  read as follows:
     4    3. Moneys of the account, following the segregation of  appropriations
     5  enacted  by  the  legislature, shall be available for purposes including
     6  but not limited to: (a) reimbursements or payments to municipal  govern-
     7  ments  that  host  tribal casinos pursuant to a tribal-state compact for
     8  costs incurred in connection with services provided to such  casinos  or
     9  arising  as a result thereof, for economic development opportunities and
    10  job expansion programs authorized by the executive law; provided, howev-
    11  er, that for any gaming facility located in the  city  of  Buffalo,  the
    12  city  of  Buffalo  shall receive a minimum of twenty-five percent of the
    13  negotiated percentage of the net drop from electronic gaming devices the
    14  state receives pursuant to the compact, and provided  further  that  for
    15  any  gaming  facility  located  in  the city of Niagara Falls, county of
    16  Niagara a minimum of twenty-five percent of the negotiated percentage of
    17  the net drop from electronic gaming devices the state receives  pursuant
    18  to  the compact shall be distributed in accordance with subdivision four
    19  of this section, and provided  further  that  for  any  gaming  facility
    20  located  in the county or counties of Cattaraugus, Chautauqua or Allega-
    21  ny, the municipal governments of the state hosting  the  facility  shall
    22  collectively  receive a minimum of twenty-five percent of the negotiated
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11339-03-6