Bill Text: NY S05756 | 2013-2014 | General Assembly | Introduced
Bill Title: Provides that any executive of any not-for-profit corporation which has a franchise agreement to operate franchise racetracks in the state shall have salaries not to exceed one hundred ninety-nine thousand dollars.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2014-01-08 - REFERRED TO RACING, GAMING AND WAGERING [S05756 Detail]
Download: New_York-2013-S05756-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
5756
2013-2014 Regular Sessions
I N S E N A T E
June 12, 2013
___________
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 racing, pari-mutuel wagering and breeding law, in
relation to capping the salaries of certain not-for-profit corporation
executives
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. The racing, pari-mutuel wagering and breeding law is
2 amended by adding a new section 202-c to read as follows:
3 S 202-C. SALARIES OF CERTAIN FRANCHISE EXECUTIVES. ANY EXECUTIVE OF
4 ANY NOT-FOR-PROFIT CORPORATION WHICH HAS A FRANCHISE AGREEMENT TO OPER-
5 ATE FRANCHISE RACETRACKS IN THE STATE SHALL HAVE A SALARY NOT TO EXCEED
6 ONE HUNDRED NINETY-NINE THOUSAND DOLLARS.
7 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11365-02-3
