Senate Bill S2360

2009-2010 Legislative Session

Provides for the amount to be paid by off track betting corporations to regional harness tracks from certain simulcasting revenue

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Archive: Last Bill Status - In Senate Committee Racing, Gaming And Wagering Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-S2360 (ACTIVE) - Details

See Assembly Version of this Bill:
A5772
Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง1017, RWB L
Versions Introduced in Other Legislative Sessions:
2011-2012: S3614, A3520
2013-2014: S2415, A3980
2015-2016: A892
2017-2018: A747
2019-2020: A3470
2021-2022: A1582
2023-2024: A4476

2009-S2360 (ACTIVE) - Summary

Provides for the amount to be paid by off track betting corporations to regional harness tracks from out-of-state and out-of-country simulcast revenue.

2009-S2360 (ACTIVE) - Sponsor Memo

2009-S2360 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2360

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            February 18, 2009
                               ___________

Introduced  by  Sen.  ADAMS  -- 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 payments by off track  betting  corporations  to  regional
  harness tracks for out-of-state and out-of-country simulcasting reven-
  ue

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 1017 of  the  racing,  pari-mutuel
wagering and breeding law, as amended by chapter 18 of the laws of 2008,
is amended to read as follows:
  2.  [a. Maintenance of effort. Any off-track betting corporation which
engages in accepting wagers on the simulcasts of thoroughbred races from
out-of-state or out-of-country as permitted  under  subdivision  one  of
this  section shall submit to the board, for its approval, a schedule of
payments to be made in any year or portion thereof, that such  off-track
corporation  engages in nighttime thoroughbred simulcasting. In order to
be approved by the board, the payment schedule shall be identical to the
actual payments and distributions of such payments to tracks and  purses
made by such off-track corporation pursuant to the provisions of section
one  thousand  fifteen of this article during the year two thousand two,
as derived from out-of-state harness races displayed after 6:00 P.M.  If
approved by the board, such scheduled payments shall be made from reven-
ues derived from any simulcasting conducted pursuant to this section and
section one thousand fifteen of this article.
  b.  Additional  payments]  PAYMENTS. During each calendar year, to the
extent, and at such time in the event, that aggregate statewide wagering
handle after 7Labor P.M. on out-of-state and out-of-country thoroughbred
races exceeds one hundred million dollars, each off-track betting corpo-
ration conducting such simulcasting shall pay to  its  regional  harness

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05138-01-9
              

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