Bill Text: NY S09096 | 2017-2018 | General Assembly | Introduced
Bill Title: Adds tracks located in Westchester county to the tracks excepted from being considered regional tracks.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2018-06-20 - RECOMMITTED TO RULES [S09096 Detail]
Download: New_York-2017-S09096-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9096 IN SENATE June 16, 2018 ___________ Introduced by Sen. ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to the disposition of off-track pools The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subdivision 1 of section 527 of 2 the racing, pari-mutuel wagering and breeding law, as amended by section 3 4 of part BB of chapter 60 of the laws of 2016, is amended to read as 4 follows: 5 The disposition of the retained commission from pools resulting from 6 regular, multiple or exotic bets, as the case may be, whether placed on 7 races run within a region or outside a region, conducted by racing 8 corporations, harness racing associations or corporations, quarter horse 9 racing associations or corporations or races run outside the state shall 10 be governed by the tables in paragraphs a and b of this subdivision. The 11 rate denominated "state tax" shall represent the rate of a reasonable 12 tax imposed upon the retained commission for the privilege of conducting 13 off-track pari-mutuel betting, which tax is hereby levied and shall be 14 payable in the manner set forth in this section. Each off-track betting 15 corporation shall pay to the gaming commission as a regulatory fee, 16 which fee is hereby levied, six-tenths of one percent of the total daily 17 pools of such corporation. Each corporation shall also pay twenty 18 percent of the breaks derived from bets on harness races and fifty 19 percent of the breaks derived from bets on all other races to the agri- 20 culture and New York State horse breeding and development fund and to 21 the thoroughbred breeding and development fund, the total of such 22 payments to be apportioned fifty percent to each such fund. For the 23 purposes of this section, the New York city, Suffolk, Nassau, and the 24 Catskill regions shall constitute a single region and any thoroughbred 25 track located within the Capital District region shall be deemed to be 26 within such single region. A "regional meeting" shall refer to either 27 harness or thoroughbred meetings, or both, except that a franchised 28 corporation shall not be a regional track for the purpose of receiving EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD16292-01-8S. 9096 2 1 distributions from bets on thoroughbred races conducted by a thorough- 2 bred track in the Catskill region conducting a mixed meeting. With the 3 exception of a harness racing association or corporation first licensed 4 to conduct pari-mutuel wagering at a track located in Tioga [or], Sara- 5 toga or Westchester county after January first, two thousand five, 6 racing corporations first licensed to conduct pari-mutuel racing after 7 January first, nineteen hundred eighty-six or a harness racing associ- 8 ation or corporation first licensed to conduct pari-mutuel wagering at a 9 track located in Genesee County after January first, two thousand five, 10 and quarter horse tracks shall not be "regional tracks"; if there is 11 more than one harness track within a region, such tracks shall evenly 12 divide payments made pursuant to the tables in paragraphs a and b of 13 this subdivision when neither track is running. In the event a track 14 elects to reduce its retained percentage from any or all of its pari-mu- 15 tuel pools, the payments to the track holding the race and the regional 16 track required by paragraphs a and b of this subdivision shall be 17 reduced in proportion to such reduction. Nothing in this section shall 18 be construed to authorize the conduct of off-track betting contrary to 19 the provisions of section five hundred twenty-three of this article. 20 § 2. This act shall take effect immediately.