Bill Text: NY A07578 | 2013-2014 | General Assembly | Amended

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Bill Title: Provides that a franchised corporation operating a simulcast theatre in a region wholly contained within one county shall only be permitted to operate a simulcast theatre in the territory of such regional corporation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-06-19 - substituted by s5584a [A07578 Detail]

Download: New_York-2013-A07578-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        7578--A
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 23, 2013
                                      ___________
       Introduced  by  M.  of  A.  WEISENBERG  -- read once and referred to the
         Committee 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 simulcast theaters
         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 1009 of the racing, pari-mutuel
    2  wagering and breeding law, as amended by chapter 18 of the laws of 2008,
    3  is amended to read as follows:
    4    2. Such a simulcast theater, pursuant to a license issued  in  accord-
    5  ance  with the provisions of this section and section one thousand three
    6  of this article may be owned or leased, and operated, (a) by one or more
    7  racing associations or  corporations;  (b)  by  the  regional  off-track
    8  betting  corporation of the region where such simulcast theater facility
    9  is to be located; (c) jointly by one  or  more  racing  associations  or
   10  corporations  and  the  regional  off-track  betting  corporation of the
   11  region where such simulcast theater facility is to be located; or (d) by
   12  a franchised corporation; provided, however, that for  the  purposes  of
   13  paragraph (a) of subdivision two-a of this section, an entity authorized
   14  by  paragraph  (b) or (c) of this subdivision to own, lease or operate a
   15  simulcast theater may,  pursuant  to  a  competitive  bidding  procedure
   16  carried  out  in  accordance  with  rules  and regulations issued by the
   17  [board] GAMING COMMISSION, select another person, firm or corporation to
   18  operate or jointly own or lease such facility and enter into  a  written
   19  agreement with such person, firm or corporation provided that such party
   20  shall  be  subject  to  the licensing requirements of the [board] GAMING
   21  COMMISSION.  ON AND AFTER AUGUST THIRTIETH, TWO  THOUSAND  FOURTEEN  THE
   22  FRANCHISED  CORPORATION OPERATING A SIMULCAST THEATER IN A REGION WHOLLY
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11241-03-4
       A. 7578--A                          2
    1  CONTAINED WITHIN ONE COUNTY SHALL ONLY BE PERMITTED TO OPERATE A  SIMUL-
    2  CAST  THEATER  IN THE TERRITORY OF SUCH A REGIONAL CORPORATION, PURSUANT
    3  TO AN AGREEMENT WITH SUCH REGIONAL CORPORATION. ALL REVENUES DERIVED  BY
    4  SUCH  SIMULCAST  THEATER  SHALL  BE DISTRIBUTED PURSUANT TO THE TERMS OF
    5  SUCH AGREEMENT.
    6    S 2. This act shall take effect immediately.