Bill Text: NY S04509 | 2017-2018 | General Assembly | Amended
Bill Title: Relates to vendor fees at certain vendor tracks.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2018-06-20 - COMMITTED TO RULES [S04509 Detail]
Download: New_York-2017-S04509-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 4509--B 2017-2018 Regular Sessions IN SENATE February 16, 2017 ___________ Introduced by Sens. GALLIVAN, RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wagering -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee -- recommitted to the Committee on Racing, Gaming and Wagering in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the tax law, in relation to vendor fees at certain vendor tracks The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Clause (D) of subparagraph (ii) of paragraph 1 of subdivi- 2 sion b of section 1612 of the tax law, as amended by chapter 174 of the 3 laws of 2013, is amended to read as follows: 4 (D) notwithstanding clauses (A), (B) and (C) of this subparagraph, 5 when the vendor track is located within [fifteen] forty miles of a 6 Native American class III gaming facility at a rate of forty-one percent 7 of the total revenue wagered at the vendor track after payout for prizes 8 pursuant to this chapter; 9 § 2. This act shall take effect on the first of April next succeeding 10 the date on which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01329-04-8
