Bill Text: NY S06612 | 2023-2024 | General Assembly | Introduced

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Bill Title: Relates to compensation for directors of the regional off-track betting corporation; requires off-track betting corporations located within Genesee County to report on actual use and implementation of the approved marketing promotion plan from the previous year, which shall include the name and address of each person receiving any promotional item or thing of value in excess of fifty dollars.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2024-05-06 - RECOMMIT, ENACTING CLAUSE STRICKEN [S06612 Detail]

Download: New_York-2023-S06612-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          6612

                               2023-2024 Regular Sessions

                    IN SENATE

                                       May 1, 2023
                                       ___________

        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 and
          the tax law, in relation to compensation for directors of the regional
          off-track betting corporation

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Paragraphs d and e of subdivision 10 of section 502 of the
     2  racing, pari-mutuel wagering and breeding law, as added by  chapter  462
     3  of the laws of 2000, are amended to read as follows:
     4    d. In addition, the directors shall be reimbursed for their actual and
     5  necessary  expenses incurred in the performance of their official duties
     6  upon presentation of a form, sworn under penalty of perjury,  certifying
     7  that such expenses were actually incurred.
     8    e.  No  director shall be permitted to receive any compensation in any
     9  form whatsoever unless expressly provided for herein.
    10    f. Any expenses incurred by a director in excess of  those  authorized
    11  by  paragraph  d  of this subdivision shall be the responsibility of the
    12  appointing political  subdivision,  payable  on  vouchers  certified  or
    13  approved by the chief fiscal officer of such political subdivision as is
    14  provided  by  law.  Directors  shall swear under penalty of perjury that
    15  such expenses were incurred prior to certification or  approval  by  the
    16  appointing political subdivision.
    17    § 2. Section 1617-a of the tax law is amended by adding a new subdivi-
    18  sion l to read as follows:
    19    l.  Subject  to  gaming commission rules and regulations, any regional
    20  off-track betting corporation which is also a video lottery gaming agent
    21  for a facility located within Genesee county, shall submit  a  marketing
    22  and  promotion  plan  for the video lottery gaming facility. Each annual
    23  marketing plan shall be submitted  to  the  commission  for  review  and

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01285-01-3
        S. 6612                             2

     1  approval  through  resolution by the board. Thereafter, the video gaming
     2  agent shall submit a report to the commission detailing  the  accounting
     3  of the actual use and implementation of the approved marketing promotion
     4  plan from the previous year, which shall include the name and address of
     5  each  person  receiving any promotional item or thing of value in excess
     6  of fifty dollars. The failure to submit any marketing  plan  and  subse-
     7  quent  report thereafter to the commission when due shall be a violation
     8  of the video lottery gaming agent's license.
     9    § 3. This act shall take effect immediately.