Bill Text: NY A03647 | 2011-2012 | General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Provides for payments to licensed harness tracks by regional off-track betting corporations.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-24 - print number 3647a [A03647 Detail]
Download: New_York-2011-A03647-Amended.html
Bill Title: Provides for payments to licensed harness tracks by regional off-track betting corporations.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-24 - print number 3647a [A03647 Detail]
Download: New_York-2011-A03647-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 3647--A 2011-2012 Regular Sessions I N A S S E M B L Y January 26, 2011 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Racing and Wagering -- recommitted to the Committee on Racing and Wagering in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to payments by off-track betting corporations to regional licensed harness tracks THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Clause (E) of subparagraph 5 of paragraph b of subdivision 2 1 of section 1016 of the racing, pari-mutuel wagering and breeding law, 3 as amended by chapter 18 of the laws of 2008, is amended to read as 4 follows: 5 (E) [On] DURING THE FIRST ONE HUNDRED TWENTY days IN ANY CALENDAR YEAR 6 when a franchised corporation is not conducting a race meeting [and when 7 a licensed harness track is neither accepting wagers nor displaying the 8 signal from an in-state thoroughbred corporation or association or an 9 out-of-state thoroughbred track]: 10 (i) [Such] A licensed regional harness track shall receive in lieu of 11 any other payments on wagers placed at off-track betting facilities 12 outside the special betting district on races conducted by an in-state 13 thoroughbred racing corporation, two and eight-tenths percent on regular 14 and multiple bets during a regional meeting and one and nine-tenths 15 percent of such bets if there is no regional meeting and four and eight- 16 tenths percent on exotic bets on days on which there is a regional meet- 17 ing and three and four-tenths percent of such bets if there is no 18 regional meeting. 19 (ii) [Such] A licensed regional harness track shall receive [one and 20 one-half] THREE-QUARTERS OF ONE per centum on total regional handle on 21 races conducted at out-of-state or out-of-country thoroughbred tracks. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05796-03-1 A. 3647--A 2 1 (iii) In those regions in which there is more than one licensed 2 regional harness track, [if no track is accepting wagers or displaying 3 the live simulcast signal from the out-of-state track,] the total sum 4 shall be divided among the tracks in proportion to the ratio the wagers 5 placed on races conducted by each track bears to the corporation's total 6 in-region harness handle. [If one or more tracks are accepting wagers or 7 displaying the live simulcast signal, the total amount shall be divided 8 among those tracks not accepting wagers or displaying the simulcast 9 signal for an out-of-state track or in-state thoroughbred corporation or 10 association.] 11 S 2. Clause (F) of subparagraph 6 of paragraph b of subdivision 1 of 12 section 1016 of the racing, pari-mutuel wagering and breeding law, as 13 amended by chapter 18 of the laws of 2008, is amended to read as 14 follows: 15 (F) [On] DURING THE FIRST ONE HUNDRED TWENTY days IN ANY CALENDAR YEAR 16 when a franchised corporation is not conducting a race meeting [and when 17 a licensed harness track is neither accepting wagers nor displaying the 18 signal from an in-state thoroughbred corporation or association or an 19 out-of-state thoroughbred track]: 20 (i) [Such] A licensed regional harness track shall receive in lieu of 21 any other payments on wagers placed at off-track betting facilities 22 outside the special betting district on races conducted by an in-state 23 thoroughbred racing corporation, two and eight-tenths percent on regular 24 and multiple bets during a regional meeting and one and nine-tenths 25 percent of such bets if there is no regional meeting and four and eight- 26 tenths percent on exotic bets on days on which there is a regional meet- 27 ing and three and four-tenths percent of such bets if there is no 28 regional meeting. 29 (ii) [Such] A licensed regional harness track shall receive [one and 30 one-half] THREE-QUARTERS OF ONE per centum on total regional handle on 31 races conducted at out-of-state or out-of-country thoroughbred tracks. 32 (iii) In those regions in which there is more than one licensed 33 regional harness track, [if no track is accepting wagers or displaying 34 the live simulcast signal from the out-of-state track,] the total sum 35 shall be divided among the tracks in proportion to the ratio the wagers 36 placed on races conducted by each track bears to the corporation's total 37 in-region harness handle. [If one or more tracks are accepting wagers or 38 displaying the live simulcast signal, the total amount shall be divided 39 among those tracks not accepting wagers or displaying the simulcast 40 signal for an out-of-state track or in-state thoroughbred corporation.] 41 S 3. Subdivision 2 of section 1017 of the racing, pari-mutuel wagering 42 and breeding law, as amended by chapter 18 of the laws of 2008, is 43 amended to read as follows: 44 2. a. Maintenance of effort. Any off-track betting corporation which 45 engages in accepting wagers on the simulcasts of thoroughbred races from 46 out-of-state or out-of-country as permitted under subdivision one of 47 this section shall submit to the board, for its approval, a schedule of 48 payments to be made in any year or portion thereof, that such off-track 49 corporation engages in nighttime thoroughbred simulcasting. In order to 50 be approved by the board, the payment schedule shall be identical to the 51 actual payments and distributions of such payments to tracks and purses 52 made by such off-track corporation pursuant to the provisions of section 53 one thousand fifteen of this article during the year two thousand two, 54 as derived from out-of-state harness races displayed after 6:00 P.M. If 55 approved by the board, such scheduled payments shall be made from reven- 56 ues derived from any simulcasting conducted pursuant to this section and A. 3647--A 3 1 section one thousand fifteen of this article. NOTWITHSTANDING ANY 2 INCONSISTENT PROVISION OF THIS PARAGRAPH: (I) FOR PURPOSES OF CALCULAT- 3 ING THE PAYMENTS TO BE MADE PURSUANT TO THIS PARAGRAPH FOR CALENDAR YEAR 4 TWO THOUSAND TWELVE, THE AMOUNT OTHERWISE PAYABLE, IF ANY, BY AN 5 OFF-TRACK BETTING CORPORATION TO A REGIONAL HARNESS TRACK SHALL BE 6 REDUCED IN PROPORTION TO THE REDUCTION, IF ANY, IN THE NUMBER OF RACING 7 PROGRAMS CONDUCTED BY THE REGIONAL HARNESS TRACK DURING TWO THOUSAND 8 TWELVE COMPARED WITH THE NUMBER OF RACING PROGRAMS CONDUCTED BY SUCH 9 TRACK DURING THE TWO THOUSAND FOUR BASE CALENDAR YEAR; AND (II) NO OFF- 10 TRACK BETTING CORPORATION SHALL HAVE ANY FURTHER PAYMENT OBLIGATION 11 PURSUANT TO THIS PARAGRAPH WITH RESPECT TO CALENDAR YEARS COMMENCING ON 12 OR AFTER JANUARY FIRST, TWO THOUSAND THIRTEEN. 13 b. Additional payments. During each calendar year, to the extent, and 14 at such time in the event, that aggregate statewide wagering handle 15 after 7Labor P.M. on out-of-state and out-of-country thoroughbred races 16 exceeds one hundred million dollars, each off-track betting corporation 17 conducting such simulcasting shall pay to its regional harness track or 18 tracks, an amount equal to [two percent] THE FOLLOWING PERCENTAGE of its 19 proportionate share of such excess handle: FOR CALENDAR YEARS THROUGH 20 TWO THOUSAND TWELVE, TWO PERCENT; FOR CALENDAR YEAR TWO THOUSAND THIR- 21 TEEN, ONE AND ONE-HALF PERCENT; FOR CALENDAR YEAR TWO THOUSAND FOURTEEN, 22 ONE PERCENT; AND FOR CALENDAR YEAR TWO THOUSAND FIFTEEN, ONE-HALF OF ONE 23 PERCENT. THERE SHALL BE NO FURTHER ADDITIONAL PAYMENT OBLIGATION PURSU- 24 ANT TO THIS PARAGRAPH FOR CALENDAR YEARS COMMENCING ON OR AFTER JANUARY 25 FIRST, TWO THOUSAND FIFTEEN. In any region where there are two or more 26 regional harness tracks, such [two percent] PAYMENT AMOUNT shall be 27 divided between or among the tracks in a proportion equal to the propor- 28 tion of handle on live harness races conducted at such tracks during the 29 preceding calendar year. Fifty percent of the sum received by each track 30 pursuant to this paragraph shall be used exclusively for increasing 31 purses, stakes and prizes at that regional harness track. 32 S 4. This act shall take effect immediately.