Bill Text: NY S01964 | 2023-2024 | General Assembly | Introduced


Bill Title: Provides that the additional vendor fee for a vendor track located within Oneida county within fifteen miles of a Native American class III gaming facility shall not be forfeited if the track does not maintain the ninety percent full-time equivalent employee requirement.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-01-03 - REFERRED TO RACING, GAMING AND WAGERING [S01964 Detail]

Download: New_York-2023-S01964-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          1964

                               2023-2024 Regular Sessions

                    IN SENATE

                                    January 17, 2023
                                       ___________

        Introduced  by  Sen. ADDABBO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Racing, Gaming and  Wager-
          ing

        AN  ACT  to  amend the tax law, in relation to the additional vendor fee
          for a certain track located within Oneida county

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Clause (B) of subparagraph (iii) of paragraph 1 of subdivi-
     2  sion  b of section 1612 of the tax law, as added by section 1 of part EE
     3  of chapter 59 of the laws of 2019, is amended to read as follows:
     4    (B) for a vendor track that is located within  Oneida  county,  within
     5  fifteen miles of a Native American class III gaming facility, such addi-
     6  tional  vendor  fee  shall  be  six and four-tenths percent of the total
     7  revenue wagered at the vendor after payout for prizes pursuant  to  this
     8  chapter.  [The vendor track shall forfeit this additional vendor fee for
     9  any time period that the vendor track does not maintain at least  ninety
    10  percent  of  full-time equivalent employees as they employed in the year
    11  two thousand sixteen.]
    12    § 2. This act shall take effect immediately; provided that the  amend-
    13  ments  to clause (B) of subparagraph (iii) of paragraph 1 of subdivision
    14  b of section 1612 of the tax law made by section one of this  act  shall
    15  not affect the expiration and repeal of such clause and shall expire and
    16  be deemed repealed therewith.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04781-01-3
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