Assembly Bill A8415

2019-2020 Legislative Session

Relates to video lottery gaming located in Orange county

download bill text pdf

Sponsored By

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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2019-A8415 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd §§1612 & 1617-a, Tax L
Versions Introduced in Other Legislative Sessions:
2021-2022: A4537
2023-2024: A3599

2019-A8415 (ACTIVE) - Summary

Relates to video lottery gaming located in Orange county.

2019-A8415 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8415
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 16, 2019
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Ways and Means
 
 AN ACT to amend the tax law, in relation to video lottery gaming located
   in Orange county
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1. Clause (B) of subparagraph (ii) of paragraph 1 of subdivi-
 sion b of section 1612 of the tax law is amended by adding a new item  5
 to read as follows:
   (5)  THIRTY  PERCENT  FOR  A  VIDEO LOTTERY GAMING FACILITY AUTHORIZED
 PURSUANT TO PARAGRAPH FIVE OF SUBDIVISION A OF SECTION  SIXTEEN  HUNDRED
 SEVENTEEN-A OF THIS ARTICLE;
   §  2.  Paragraph 2 of subdivision b of section 1612 of the tax law, as
 amended by section 1 of part OO of chapter 59 of the laws  of  2014,  is
 amended to read as follows:
   2. As consideration for the operation of a video lottery gaming facil-
 ity,  the division, shall cause the investment in the racing industry of
 a portion of the vendor fee received pursuant to paragraph one  of  this
 subdivision  in  the  manner  set  forth in this subdivision.   With the
 exception of Aqueduct racetrack, A VIDEO LOTTERY GAMING FACILITY AUTHOR-
 IZED PURSUANT TO PARAGRAPH FIVE OF  SUBDIVISION  A  OF  SECTION  SIXTEEN
 HUNDRED  SEVENTEEN-A  OF  THIS  ARTICLE  or  a facility in the county of
 Nassau or Suffolk operated by  a  corporation  established  pursuant  to
 section  five hundred two of the racing, pari-mutuel wagering and breed-
 ing law, each such track shall dedicate a portion of  its  vendor  fees,
 received pursuant to clause (A), (B), (B-1), (B-2), (C)[,] OR (D)[, (E),
 (F),  or (G)] of subparagraph (ii) of paragraph one of this subdivision,
 for the purpose of enhancing purses at such track, in an amount equal to
 eight and three-quarters percent of the total  revenue  wagered  at  the
 vendor  track  after  pay out for prizes. One percent of the gross purse
 enhancement amount, as required by this subdivision, shall  be  paid  to
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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