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.
Resolves regional impediment to Finger Lakes Gaming & Race Track and del Lago Resort & Casino structuring revenue stream parity for racing purses and Breeders’ Fund revenue.
|SAME AS||No Same As|
|Amd §1355, RWB L|
|01/06/2017||REFERRED TO EDUCATION|
|01/12/2017||COMMITTEE DISCHARGED AND COMMITTED TO RACING, GAMING AND WAGERING|
STATE OF NEW YORK 1003 2017-2018 Regular Sessions IN SENATE January 6, 2017 ___________ Introduced by Sens. BONACIC, AVELLA -- read twice and ordered printed, and when printed to be committed to the Committee on Education 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 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [
] is old law to be omitted. LBD04129-01-7