Bill Text: NY S07411 | 2023-2024 | General Assembly | Amended
Bill Title: Relates to monies appropriated and received each year by the state as a portion of the negotiated percentage of the net drop from electronic gaming devices the state receives.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed) 2024-06-07 - COMMITTED TO RULES [S07411 Detail]
Download: New_York-2023-S07411-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 7411--B Cal. No. 1119 2023-2024 Regular Sessions IN SENATE May 23, 2023 ___________ Introduced by Sen. ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- reported favorably from said committee, ordered to first report, amended on first report, ordered to a second report and ordered reprinted, retaining its place in the order of second report AN ACT to amend the state finance law, in relation to the tribal-state compact revenue account The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 99-h of the state finance law, as amended by 2 section 1 of part V of chapter 59 of the laws of 2006, is amended by 3 adding a new subdivision 4 to read as follows: 4 4. (a) Monies which are appropriated and received each year by the 5 state as a portion of the negotiated percentage of the net drop from 6 electronic gaming devices the state receives in relation to the opera- 7 tion of a gaming facility in the city of Niagara Falls, county of 8 Niagara as required under subdivision three of this section, shall be 9 budgeted and disbursed by the city of Niagara Falls in the following 10 manner: 11 (i) eighty percent of the total annual amount received shall be avail- 12 able for expenditure by the city of Niagara Falls for such public 13 purposes as are determined, by the city, to be necessary and desirable 14 to accommodate and enhance economic development, neighborhood revitali- 15 zation, public health and safety, and infrastructure improvement in the 16 city, shall be deposited into the tribal revenue account of the city and 17 any and all interest and income derived from the deposit and investment 18 of such monies shall be deposited into the general operating fund of the 19 city; provided however, that any amount allocated to the not-for-profit EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11229-09-4S. 7411--B 2 1 organization known as the Niagara Falls underground railroad interpre- 2 tive center created to continue the Niagara Falls Underground Railroad 3 Heritage Commission's mission to operate an underground railroad museum, 4 to the extent that its share pursuant to the formula established in 5 clause four of subparagraph (ii) of this paragraph exceeds one percent, 6 such amounts shall be distributed from the funds available to the city 7 for its public purposes pursuant to this paragraph; and 8 (ii) the remaining twenty percent of the total annual amount received 9 shall be allocated for the city of Niagara Falls to be available for 10 expenditure in the following manner: 11 (1) within thirty-five days upon receipt of such funds by such city, 12 five and one-half percent of the total annual amount received in each 13 year, not to exceed seven hundred fifty thousand dollars annually, shall 14 be transferred to Niagara Falls memorial medical center to be used for 15 capital construction projects; and 16 (2) within thirty-five days upon receipt of such funds by such city, 17 five and one-half percent of the total annual amount received in each 18 year, not to exceed seven hundred fifty thousand dollars annually, shall 19 be transferred to the Niagara Falls city school district for capital 20 construction projects; and 21 (3) within thirty-five days upon receipt of such funds by such city, 22 seven percent of the total amount received in each year not to exceed 23 one million dollars, shall be transferred to the Niagara tourism and 24 convention center corporation for marketing and tourism promotion in the 25 county of Niagara including the city of Niagara Falls; and 26 (4) within thirty-five days upon receipt of such funds by such city, 27 one percent or two hundred thousand dollars, whichever is greater, of 28 the total annual amount received in each year shall be transferred to 29 the not-for-profit organization known as the Niagara Falls underground 30 railroad interpretive center created to continue the Niagara Falls 31 Underground Railroad Heritage Commission's mission to operate an under- 32 ground railroad museum, to be used for, but not limited to, development, 33 capital improvements, acquisition of real property, and acquisition of 34 personal property within the heritage area in the city of Niagara Falls 35 as established pursuant to the commission; provided in the event the 36 distribution available pursuant to this clause exceeds one percent, it 37 shall be distributed from the moneys available pursuant to subparagraph 38 (i) of this paragraph; and 39 (5) within thirty-five days upon receipt of such funds by such city, 40 fifty thousand dollars of the total amount received in each year shall 41 be transferred to Mount Saint Mary's Neighborhood Health Center; and 42 (6) within thirty-five days upon receipt of such funds by such city, 43 fifty thousand dollars of the total annual amount received in each year 44 shall be transferred to the Niagara Falls housing authority established 45 pursuant to title twelve of article thirteen of the public housing law 46 for upgrades to their facilities; and 47 (7) all other monies appropriated or received for distribution pursu- 48 ant to this subdivision after the transfer of money pursuant to this 49 subparagraph and subparagraph (i) of this paragraph in each year shall 50 be allocated to the city of Niagara Falls for infrastructure and road 51 improvement projects. 52 (b) On or before the first of April, each entity receiving moneys 53 pursuant to subparagraphs (i) and (ii) of paragraph (a) of this subdivi- 54 sion, shall annually submit a report to the governor, temporary presi- 55 dent of the senate, speaker of the assembly, minority leader of the 56 senate, minority leader of the assembly, mayor of the city of NiagaraS. 7411--B 3 1 Falls and leader of the city council of the city of Niagara Falls. Each 2 such report shall include an accounting of all moneys received by such 3 entity pursuant to paragraph (a) of this subdivision and the expenditure 4 of any such moneys. 5 (c) Notwithstanding any other provision of law to the contrary, fail- 6 ure by the city of Niagara Falls to disburse funds as such city is 7 required pursuant to clauses one, two, three and four of subparagraph 8 (ii) of paragraph (a) of this subdivision within thirty-five days of the 9 actual receipt of the funds or the submission of the subentity expendi- 10 ture report due by April first of each year, whichever is later, shall 11 result in an additional payment by the city of Niagara Falls of one-half 12 percent per week not to exceed eighteen percent of the amount which was 13 to have been disbursed pursuant to such clauses. Any such additional 14 payment required to be made by the city shall be disbursed from the 15 city's share described in subparagraph (i) of paragraph (a) of this 16 subdivision. 17 (d) In the event that any monies to be distributed pursuant to clauses 18 one, three and four of subparagraph (ii) of paragraph (a) of this subdi- 19 vision cannot, for any reason, be received or utilized, such monies 20 shall be distributed to the city of Niagara Falls for economic develop- 21 ment projects within such city. 22 § 2. This act shall take effect immediately.