Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 29, 2014 |
print number 5835a |
Jan 29, 2014 |
amend and recommit to racing, gaming and wagering |
Jan 08, 2014 |
referred to racing, gaming and wagering |
Jun 17, 2013 |
referred to rules |
Senate Bill S5835A
2013-2014 Legislative Session
Sponsored By
(R) Senate District
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
Actions
Bill Amendments
co-Sponsors
(R, C) 60th Senate District
(R, IP) Senate District
(R, C, IP) Senate District
2013-S5835 - Details
- See Assembly Version of this Bill:
- A8076
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§1612 & 1617-a, Tax L
2013-S5835 - Sponsor Memo
BILL NUMBER:S5835 TITLE OF BILL: An act to amend the tax law, in relation to capital awards to certain vendor tracks and disposition of revenues PURPOSE: The purpose of this bill is to protect the western NY economy by creating a level playing field for existing gaming venues. SUMMARY OF PROVISIONS: Sections 1 - 4 of the bill amend various provision of the tax law relating to operations at gaming venues in western NY. Section 5 of the bill provides authority to the Division of Lottery for certain reimbursements. Section 6 of the bill is the effective date. JUSTIFICATION: Western New York Racinos are a strong economic driver for local economies that also provide critical revenue for county governments throughout the region. As such, it is vitally important that the state act to increase vendor fees, capital award allowances,
2013-S5835 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5835 2013-2014 Regular Sessions I N S E N A T E June 17, 2013 ___________ Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the tax law, in relation to capital awards to certain vendor tracks and disposition of revenues THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Clause (H) of subparagraph (ii) of paragraph 1 of subdivi- sion b of section 1612 of the tax law, as amended by chapter 454 of the laws of 2012, is amended to read as follows: (H) notwithstanding clauses (A), (B), (C), (D), (E), (F) and (G) of this subparagraph, the track operator of a vendor track shall be eligi- ble for a vendor's capital award of up to four percent of the total revenue wagered at the vendor track after payout for prizes pursuant to this chapter, which shall be used exclusively for capital project investments to improve the facilities of the vendor track which promote or encourage increased attendance at the video lottery gaming facility including, but not limited to hotels, other lodging facilities, enter- tainment facilities, retail facilities, dining facilities, events arenas, parking garages and other improvements that enhance facility amenities; provided that such capital investments shall be approved by the division, in consultation with the state racing and wagering board, and that such vendor track demonstrates that such capital expenditures will increase patronage at such vendor track's facilities and increase the amount of revenue generated to support state education programs. The annual amount of such vendor's capital awards that a vendor track shall be eligible to receive shall be limited to two million five hundred thousand dollars, except for Aqueduct racetrack, for which there shall be no vendor's capital awards. Except for tracks having less than one thousand one hundred video gaming machines AND TRACKS LOCATED IN ONTARIO AND GENESEE COUNTIES, each track operator shall be required to co-invest an amount of capital expenditure equal to its cumulative vendor's capi- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11567-01-3
co-Sponsors
(R, C) 60th Senate District
(R, IP) Senate District
(R, C, IP) Senate District
2013-S5835A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8076
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§1612 & 1617-a, Tax L
2013-S5835A (ACTIVE) - Sponsor Memo
BILL NUMBER:S5835A TITLE OF BILL: An act to amend the tax law, in relation to capital awards to certain vendor tracks and disposition of revenues PURPOSE: The purpose of this bill is to protect the western NY economy by creating a level playing field for existing gaming venues. SUMMARY OF PROVISIONS: Sections 1 and 2 of the bill amend various provision of the tax law relating to operations at gaming venues in western NY. Section 3 of the bill provides authority to the Division of Lottery for certain reimbursements. Section 4 of the bill is the effective date. JUSTIFICATION: Western New York Racinos are a strong economic driver for local economies that also provide critical revenue for county governments throughout the region. As such, it is vitally important that the state act to increase vendor fees, capital award allowances, free play allowances and also reimbursement for the costs of rebranding the facilities located in the Finger Lakes, Batavia and Hamburg. These changes will allow Western New York Racinos the kind of economic certainty that is needed to not only retain their current
2013-S5835A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5835--A 2013-2014 Regular Sessions I N S E N A T E June 17, 2013 ___________ Introduced by Sens. MAZIARZ, GALLIVAN, GRISANTI, NOZZOLIO -- read twice and ordered printed, and when printed to be committed to the Committee on Rules -- recommitted to the Committee on Racing, Gaming and Wager- ing in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to capital awards to certain vendor tracks and disposition of revenues THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (ii) of paragraph 1 of subdivision b of section 1612 of the tax law is amended by adding two new clauses (J) and (K) to read as follows: (J) NOTWITHSTANDING CLAUSES (A), (B), (C), (D) AND (E) OF THIS SUBPAR- AGRAPH, WHEN A VENDOR TRACK IS LOCATED WITHIN ONTARIO, GENESEE OR ERIE COUNTIES, AT A RATE SEVEN AND ONE-HALF (7.5) PERCENTAGE POINTS GREATER THAN THE PERCENTAGE OF THE TOTAL REVENUE WAGERED AT THE VENDOR TRACK WHICH WOULD OTHERWISE BE APPLICABLE AND PAYABLE UNDER CLAUSE (A), (B), (C), (D), OR (E) OF THIS SUBPARAGRAPH. (K) NOTWITHSTANDING CLAUSES (A), (B), (C), (D), (E) AND (J) OF THIS SUBPARAGRAPH, WHEN A VENDOR TRACK IS LOCATED WITHIN ONTARIO OR GENESEE COUNTIES, EFFECTIVE ON THE DATE THAT A NATIVE AMERICAN CASINO OPENS TO THE GENERAL PUBLIC IN ANY OF MONROE, ORLEANS, GENESEE, LIVINGSTON, ONTARIO OR WAYNE COUNTIES, AT A RATE TEN PERCENTAGE POINTS GREATER THAN THE PERCENTAGE OF THE TOTAL REVENUE WAGERED AT THE VENDOR TRACK WHICH WOULD OTHERWISE BE APPLICABLE AND PAYABLE UNDER CLAUSE (A), (B), (C), (D), OR (E) OF THIS SUBPARAGRAPH. S 2. Paragraph 3 of subdivision f of section 1617-a of the tax law, as added by section 2 of part O of chapter 61 of the laws of 2011, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11567-02-4
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