Bill Text: NY S07397 | 2017-2018 | General Assembly | Amended
Bill Title: Provides vendor fees for vendor tracks located in the county of Genesee and within forty miles of a Native American class III gaming facility.
Spectrum: Partisan Bill (Republican 8-0)
Status: (Engrossed - Dead) 2018-06-14 - referred to ways and means [S07397 Detail]
Download: New_York-2017-S07397-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 7397--A IN SENATE January 12, 2018 ___________ Introduced by Sens. RANZENHOFER, DeFRANCISCO, JACOBS, RITCHIE, SEWARD, YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to vendor fees paid to certain vendor tracks The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (ii) of paragraph 1 of subdivision b of 2 section 1612 of the tax law is amended by adding a new clause (D-1) to 3 read as follows: 4 (D-1) notwithstanding any provision of law to the contrary, when the 5 vendor track is located in the county of Genesee and within forty miles 6 of a Native American class III gaming facility, at a rate of thirty-sev- 7 en percent of the total revenue wagered at the vendor track after payout 8 for prizes pursuant to this chapter; 9 § 2. This act shall take effect April 1, 2019. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13711-03-8