Bill Text: NY A09454 | 2023-2024 | General Assembly | Introduced
Bill Title: Directs revenue from certain mobile casino gaming activities to be used for school safety and security purposes.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-05-14 - held for consideration in racing and wagering [A09454 Detail]
Download: New_York-2023-A09454-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9454 IN ASSEMBLY March 14, 2024 ___________ Introduced by M. of A. JENSEN -- read once and referred to the Committee on Racing and Wagering AN ACT to amend the state finance law, in relation to directing revenue from certain mobile casino gaming activities to be used for school safety and security purposes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 92-c of the state finance law, as 2 amended by chapter 913 of the laws of 1977, is amended to read as 3 follows: 4 3. The moneys in such fund shall be appropriated or transferred only 5 (i) for repayment of first instance expenditures incurred in the opera- 6 tion of the state lottery, (ii) for the state fiscal year commencing 7 April first, nineteen hundred seventy-six only for the purpose of 8 providing aid to pupils with special educational needs as defined in 9 paragraph e of subdivision one of section thirty-six hundred two of the 10 education law, and pupils with handicapping conditions receiving state 11 financial support for programs delineated in paragraph f of subdivision 12 one of section thirty-six hundred two, article eighty-three, article 13 eighty-five, article eighty-seven, article eighty-eight, article eight- 14 y-nine, article forty and subdivision seventeen of section thirty-six 15 hundred two of the education law, and for any state fiscal year commenc- 16 ing after such nineteen hundred seventy-six fiscal year for the purpose 17 of providing aid to all school children pursuant to the provisions of 18 subdivision four of this section, (iii) for elementary and secondary 19 education, provided, however, upon the authorization and legalization of 20 interactive gaming, including any internet-based version or substantial 21 equivalent of a table game, slot machine constituting spinning reels, 22 poker tournament, or any other game as set forth in subdivision four, 23 nineteen, thirty-eight, thirty-nine or forty-one of section thirteen 24 hundred one of the racing, pari-mutuel wagering and breeding law, and 25 approved by the gaming commission and which is accessed by a computer or 26 mobile device which is connected to the internet, at least ten million 27 dollars or one percent, whichever is greater, of such revenues shall be EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14666-01-4A. 9454 2 1 used for any expenses related to school safety and security purposes as 2 determined by the commissioner of education, (iv) for expenditures for 3 machines or other capital equipment which the division of the lottery is 4 authorized to purchase for the operation of the lottery and (v) for 5 payment in the state fiscal years commencing April first, nineteen 6 hundred seventy-seven, nineteen hundred seventy-eight and nineteen 7 hundred seventy-nine into the winter sports education trust fund, as 8 created in section four hundred ninety-five-a of article ten-C of the 9 education law, for the purposes of such fund in accordance with the 10 provisions of subdivision five of this section. Payments into such trust 11 fund shall discontinue at such time as the sum of one hundred million 12 dollars, in the aggregate, has been paid into such fund or upon March 13 thirty-first, nineteen hundred eighty, whichever event occurs first. 14 Nothing herein shall prohibit the purchase of machines or other capital 15 equipment from funds appropriated for expenditures under paragraph (i) 16 hereof. 17 § 2. This act shall take effect immediately.