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
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