Bill Text: NY S04492 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to video lottery gaming; permits Ulster County to allow two existing destination resorts in such county to install video lottery terminals, subject to a local resolution.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO RACING, GAMING AND WAGERING [S04492 Detail]

Download: New_York-2015-S04492-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4492
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                    March 24, 2015
                                      ___________
       Introduced  by  Sen.  SEWARD -- 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 video lottery gaming
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Paragraph 4 of subdivision a of section 1617-a of  the  tax
    2  law,  as added by chapter 174 of the laws of 2013, is amended to read as
    3  follows:
    4    (4) at a maximum of [two] FOUR facilities, ONE  EACH  IN  THE  SUFFOLK
    5  REGION  AND  THE  NASSAU  REGION,  neither  to exceed one thousand video
    6  lottery gaming devices, established within region three of zone  one  as
    7  defined  by  section one thousand three hundred ten of the racing, pari-
    8  mutuel wagering and breeding law, one each  operated  by  a  corporation
    9  established pursuant to section five hundred two of the racing, pari-mu-
   10  tuel  wagering  and  breeding  law  in the Suffolk region and the Nassau
   11  region to be located within a facility authorized pursuant  to  sections
   12  one  thousand  eight  or  one  thousand  nine of the racing, pari-mutuel
   13  wagering and breeding law, AND TWO FACILITIES IN ULSTER COUNTY, NONE  TO
   14  EXCEED  FIVE  HUNDRED  VIDEO  LOTTERY GAMING DEVICES, EACH OPERATED BY A
   15  CORPORATION ESTABLISHED PURSUANT TO SECTION  FIVE  HUNDRED  TWO  OF  THE
   16  RACING,  PARI-MUTUEL  WAGERING  AND  BREEDING LAW TO BE LOCATED WITHIN A
   17  FACILITY AUTHORIZED PURSUANT TO SECTIONS ONE THOUSAND EIGHT OR ONE THOU-
   18  SAND NINE OF THE RACING,  PARI-MUTUEL  WAGERING  AND  BREEDING  LAW.  IN
   19  RESPECT  TO  THE  ULSTER  COUNTY  FACILITIES, CATSKILL OFF-TRACK BETTING
   20  CORPORATION WILL BE THE  GAMING  OPERATOR  AND  A  LOCAL  RESOLUTION  IN
   21  SUPPORT  OF  THE  FACILITY WILL BE REQUIRED. ADDITIONALLY, IN RESPECT TO
   22  THE ULSTER COUNTY FACILITIES, THE FACILITIES MUST BE DESTINATION  RESORT
   23  PROPERTIES  WITH  AT  LEAST  ONE  HUNDRED  HOTEL ROOMS, HAVE SIGNIFICANT
   24  RESORT AMENITIES, BE CURRENTLY OPEN AND  OPERATING,  AND  HAVE  BEEN  IN
   25  CONTINUOUS  OPERATION FOR NO LESS THAN THE PAST THREE YEARS. The facili-
   26  ties authorized pursuant to this paragraph shall be deemed  vendors  for
   27  all purposes under this article.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06399-01-5
       S. 4492                             2
    1    S 2. Clause (G-1) of subparagraph (ii) of paragraph 1 of subdivision b
    2  of section 1612 of the tax law, as amended by chapter 175 of the laws of
    3  2013, is amended to read as follows:
    4    (G-1)  Notwithstanding  [clause]  CLAUSES (A) and (B) of this subpara-
    5  graph, when a video lottery gaming facility is located in  [either]  the
    6  [county] COUNTIES of Nassau [or], Suffolk OR ULSTER and is operated by a
    7  corporation  established  pursuant  to  section  five hundred two of the
    8  racing, pari-mutuel wagering and breeding law at a rate  of  thirty-five
    9  percent  of  the  total  revenue  wagered at the vendor after payout for
   10  prizes pursuant to this chapter;
   11    S 3. Paragraph 2 of subdivision b of section 1612 of the tax  law,  as
   12  amended  by  section  1 of part OO of chapter 59 of the laws of 2014, is
   13  amended to read as follows:
   14    2. As consideration for the operation of a video lottery gaming facil-
   15  ity, the division, shall cause the investment in the racing industry  of
   16  a  portion  of the vendor fee received pursuant to paragraph one of this
   17  subdivision in the manner set forth  in  this  subdivision.    With  the
   18  exception  of  Aqueduct racetrack or a facility in the [county] COUNTIES
   19  of Nassau [or], Suffolk OR ULSTER operated by a corporation  established
   20  pursuant to section five hundred two of the racing, pari-mutuel wagering
   21  and breeding law, each such track shall dedicate a portion of its vendor
   22  fees,  received  pursuant to clause (A), (B), (C), (D), (E), (F), or (G)
   23  of subparagraph (ii) of paragraph  one  of  this  subdivision,  for  the
   24  purpose  of  enhancing purses at such track, in an amount equal to eight
   25  and three-quarters percent of the total revenue wagered  at  the  vendor
   26  track  after pay out for prizes. One percent of the gross purse enhance-
   27  ment amount, as required by this  subdivision,  shall  be  paid  to  the
   28  gaming  commission  to  be used exclusively to promote and ensure equine
   29  health and safety in New York. Any portion of such funding to the gaming
   30  commission unused during a fiscal year shall be returned  to  the  video
   31  lottery  gaming  operators  on  a  pro rata basis in accordance with the
   32  amounts originally contributed by each operator and shall  be  used  for
   33  the  purpose of enhancing purses at such track. One and one-half percent
   34  of the gross purse  enhancement  amount  at  a  thoroughbred  track,  as
   35  required  by  this  subdivision, shall be paid to an account established
   36  pursuant to section two hundred twenty-one-a of the racing,  pari-mutuel
   37  wagering  and  breeding  law  to  be  used exclusively to provide health
   38  insurance for jockeys. In addition, with the exception of Aqueduct race-
   39  track or a facility in the [county] COUNTIES of Nassau [or], Suffolk  OR
   40  ULSTER  operated  by  a corporation established pursuant to section five
   41  hundred two of the racing, pari-mutuel wagering and  breeding  law,  one
   42  and  one-quarter  percent  of  total revenue wagered at the vendor track
   43  after pay out for prizes, received pursuant to  clause  (A),  (B),  (C),
   44  (D),  (E),  (F),  or  (G)  of subparagraph (ii) of paragraph one of this
   45  subdivision, shall be distributed to the appropriate breeding  fund  for
   46  the manner of racing conducted by such track.
   47    S  4.  The opening paragraph of subdivision f-1 of section 1612 of the
   48  tax law, as amended by chapter 175 of the laws of 2013,  is  amended  to
   49  read as follows:
   50    As  consideration  for  operation  of  video  lottery  gaming facility
   51  located in the [county] COUNTIES of Nassau [or], Suffolk OR  ULSTER  and
   52  operated  by  a corporation established pursuant to section five hundred
   53  two of the racing, pari-mutuel wagering and breeding law,  the  division
   54  shall  cause  the  investment  in  the  racing industry of the following
   55  percentages of the vendor fee to be deposited or paid as follows:
   56    S 5. This act shall take effect immediately.
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