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

                                  8510

                          I N  A S S E M B L Y

                            January 17, 2014
                               ___________

Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
  tee on Racing and Wagering

AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
  relation to authorizing the payment of rebates on pari-mutuel wagers

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

  Section 1. Section 109-b  of  the  racing,  pari-mutuel  wagering  and
breeding law, as added by chapter 472 of the laws of 2013, is amended to
read as follows:
  S  109-b. Rebates. 1. For the purposes of this section, "rebate" shall
mean a portion of pari-mutuel wagers, otherwise payable to  an  [associ-
ation  or  corporation] ENTITY conducting pari-mutuel betting [at a race
meeting on races run thereat, which], THAT is paid to holders  of  pari-
mutuel  wagering  tickets  and [which] THAT reduces the amount otherwise
payable to such [association or corporation.  Such term shall be defined
in rules promulgated by the commission and may include] ENTITY,  INCLUD-
ING, but not [be] limited to, refunds to holders of pari-mutuel wagering
tickets  of  any portion or percentage of the full face value of a pari-
mutuel wager, [increasing the payoff of,] paying a bonus  on  a  winning
pari-mutuel ticket, awards of merchandise, services such as meals, park-
ing,  admission,  seating and programs, free or reduced cost pari-mutuel
wagers [and], monetary awards, or  any  other  benefit  that  the  state
gaming  commission  deems appropriate to reward horse racing patrons for
their [participation] PATRONAGE at race meetings.
  2. The state gaming commission, upon application of an [association or
corporation conducting] ENTITY AUTHORIZED TO CONDUCT pari-mutuel betting
[at a race meeting on races run thereat], may  approve  the  payment  of
rebates by such [association or corporation] ENTITY for a rebate program
[for a period of up to one year], subject to the following requirements:
  a.  the  applicant  discloses  the extent of the rebate program.  Such
disclosure shall include a listing of the monetary value of all  rebates
paid  to  bettors  during  the previous calendar year, and the terms and
conditions governing the award of rebates to bettors [for  the  calendar
year to which the application applies];

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

                                                           LBD13503-01-4

A. 8510                             2

  b.  the  applicant  provides assurances that the values of the rebates
are determined solely by (i) attendance at one or  more  race  meetings,
(ii)  the  amount  wagered  by a bettor, (iii) the amount payable to the
[association or corporation] ENTITY on each wager, or (iv) how frequent-
ly a bettor wagers;
  c.  the  [association  or corporation] ENTITY maintains records of all
wagers subject to a rebate, for a period of not less than  three  years;
and
  d. the applicant demonstrates that such rebates are in the best inter-
ests of horse racing.
  [3.  Regional  off-track  betting  corporations  may  offer rebates on
wagers made on races run by any association or corporation which  offers
rebates  pursuant  to this section. Such rebates shall be subject to the
provisions of subdivisions one and two of this section.
  4. Upon the approval of an association or corporation conducting pari-
mutuel betting at a race meeting on races run  thereat,  another  racing
association or corporation may provide bettors with rebates on wagers on
races  run  at  the  racetrack operated by such approving association or
corporation. All such rebates shall be  subject  to  the  provisions  of
subdivisions one and two of this section.]
  S  2.  This  act  shall  take  effect on the same date and in the same
manner as chapter 472 of the laws of 2013 takes effect.