Bill Text: NY S07753 | 2013-2014 | General Assembly | Amended
Bill Title: Relates to video lottery gaming; permits Ulster County to allow two existing destination resorts in such county to install video lottery terminals, subject to a local resolution.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-06-12 - PRINT NUMBER 7753A [S07753 Detail]
Download: New_York-2013-S07753-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 7753--A I N S E N A T E June 5, 2014 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to video lottery gaming THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph 4 of subdivision a of section 1617-a of the tax 2 law, as added by chapter 174 of the laws of 2013, is amended to read as 3 follows: 4 (4) at a maximum of [two] FOUR facilities, ONE EACH IN THE SUFFOLK 5 REGION AND THE NASSAU REGION, neither to exceed one thousand video 6 lottery gaming devices, established within region three of zone one as 7 defined by section one thousand three hundred ten of the racing, pari- 8 mutuel wagering and breeding law, one each operated by a corporation 9 established pursuant to section five hundred two of the racing, pari-mu- 10 tuel wagering and breeding law in the Suffolk region and the Nassau 11 region to be located within a facility authorized pursuant to sections 12 one thousand eight or one thousand nine of the racing, pari-mutuel 13 wagering and breeding law, AND TWO FACILITIES IN ULSTER COUNTY, NONE TO 14 EXCEED FIVE HUNDRED VIDEO LOTTERY GAMING DEVICES, EACH OPERATED BY A 15 CORPORATION ESTABLISHED PURSUANT TO SECTION FIVE HUNDRED TWO OF THE 16 RACING, PARI-MUTUEL WAGERING AND BREEDING LAW TO BE LOCATED WITHIN A 17 FACILITY AUTHORIZED PURSUANT TO SECTIONS ONE THOUSAND EIGHT OR ONE THOU- 18 SAND NINE OF THE RACING, PARI-MUTUEL WAGERING AND BREEDING LAW. IN 19 RESPECT TO THE ULSTER COUNTY FACILITIES, CATSKILL OFF-TRACK BETTING 20 CORPORATION WILL BE THE GAMING OPERATOR AND A LOCAL RESOLUTION IN 21 SUPPORT OF THE FACILITY WILL BE REQUIRED. ADDITIONALLY, IN RESPECT TO 22 THE ULSTER COUNTY FACILITIES, THE FACILITIES MUST BE DESTINATION RESORT 23 PROPERTIES WITH AT LEAST ONE HUNDRED HOTEL ROOMS, HAVE SIGNIFICANT 24 RESORT AMENITIES, BE CURRENTLY OPEN AND OPERATING, AND HAVE BEEN IN 25 CONTINUOUS OPERATION FOR NO LESS THAN THE PAST THREE YEARS. The facili- 26 ties authorized pursuant to this paragraph shall be deemed vendors for 27 all purposes under this article. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15469-03-4 S. 7753--A 2 1 S 2. Clause (G-1) of subparagraph (ii) of paragraph 1 of subdivision b 2 of section 1612 of the tax law, as amended by chapter 175 of the laws of 3 2013, is amended to read as follows: 4 (G-1) Notwithstanding [clause] CLAUSES (A) and (B) of this subpara- 5 graph, when a video lottery gaming facility is located in [either] the 6 [county] COUNTIES of Nassau [or], Suffolk OR ULSTER and is operated by a 7 corporation established pursuant to section five hundred two of the 8 racing, pari-mutuel wagering and breeding law at a rate of thirty-five 9 percent of the total revenue wagered at the vendor after payout for 10 prizes pursuant to this chapter; 11 S 3. Paragraph 2 of subdivision b of section 1612 of the tax law, as 12 amended by section 1 of part OO of chapter 59 of the laws of 2014, is 13 amended to read as follows: 14 2. As consideration for the operation of a video lottery gaming facil- 15 ity, the division, shall cause the investment in the racing industry of 16 a portion of the vendor fee received pursuant to paragraph one of this 17 subdivision in the manner set forth in this subdivision. With the 18 exception of Aqueduct racetrack or a facility in the [county] COUNTIES 19 of Nassau [or], Suffolk OR ULSTER operated by a corporation established 20 pursuant to section five hundred two of the racing, pari-mutuel wagering 21 and breeding law, each such track shall dedicate a portion of its vendor 22 fees, received pursuant to clause (A), (B), (C), (D), (E), (F), or (G) 23 of subparagraph (ii) of paragraph one of this subdivision, for the 24 purpose of enhancing purses at such track, in an amount equal to eight 25 and three-quarters percent of the total revenue wagered at the vendor 26 track after pay out for prizes. One percent of the gross purse enhance- 27 ment amount, as required by this subdivision, shall be paid to the 28 gaming commission to be used exclusively to promote and ensure equine 29 health and safety in New York. Any portion of such funding to the gaming 30 commission unused during a fiscal year shall be returned to the video 31 lottery gaming operators on a pro rata basis in accordance with the 32 amounts originally contributed by each operator and shall be used for 33 the purpose of enhancing purses at such track. One and one-half percent 34 of the gross purse enhancement amount at a thoroughbred track, as 35 required by this subdivision, shall be paid to an account established 36 pursuant to section two hundred twenty-one-a of the racing, pari-mutuel 37 wagering and breeding law to be used exclusively to provide health 38 insurance for jockeys. In addition, with the exception of Aqueduct race- 39 track or a facility in the [county] COUNTIES of Nassau [or], Suffolk OR 40 ULSTER operated by a corporation established pursuant to section five 41 hundred two of the racing, pari-mutuel wagering and breeding law, one 42 and one-quarter percent of total revenue wagered at the vendor track 43 after pay out for prizes, received pursuant to clause (A), (B), (C), 44 (D), (E), (F), or (G) of subparagraph (ii) of paragraph one of this 45 subdivision, shall be distributed to the appropriate breeding fund for 46 the manner of racing conducted by such track. 47 S 4. The opening paragraph of subdivision f-1 of section 1612 of the 48 tax law, as amended by chapter 175 of the laws of 2013, is amended to 49 read as follows: 50 As consideration for operation of video lottery gaming facility 51 located in the [county] COUNTIES of Nassau [or], Suffolk OR ULSTER and 52 operated by a corporation established pursuant to section five hundred 53 two of the racing, pari-mutuel wagering and breeding law, the division 54 shall cause the investment in the racing industry of the following 55 percentages of the vendor fee to be deposited or paid as follows: 56 S 5. This act shall take effect immediately.