Assembly Bill A3980

2013-2014 Legislative Session

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

download bill text pdf

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Archive: Last Bill Status - In Assembly 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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2013-A3980 (ACTIVE) - Details

Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd ยง1017, RWB L
Versions Introduced in Other Legislative Sessions:
2009-2010: A5772
2011-2012: A3520
2015-2016: A892
2017-2018: A747
2019-2020: A3470
2021-2022: A1582
2023-2024: A4476

2013-A3980 (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.

2013-A3980 (ACTIVE) - Bill Text download pdf

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

                                  3980

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 30, 2013
                               ___________

Introduced  by  M.  of  A.  PRETLOW, RA -- read once and referred to the
  Committee on Racing and Wagering

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
track or tracks, an amount equal to [two percent] THE FOLLOWING PERCENT-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05570-01-3
              

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