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 for9any time period that the vendor track does not maintain at least ninety10percent of full-time equivalent employees as they employed in the year11two 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section one of this act shall 15 not affect the expiration and repeal of such clause and shall expire and 16 be deemed repealed therewith.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