Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to racing, gaming and wagering |
Jun 06, 2019 |
referred to rules |
Senate Bill S6355
2019-2020 Legislative Session
Sponsored By
(D) 15th 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
co-Sponsors
(R, C) 53rd Senate District
2019-S6355 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8207
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1612, Tax L; amd Part I §3, Chap 61 of 2017
- Versions Introduced in Other Legislative Sessions:
-
2021-2022:
A4468
2023-2024: A3636
2019-S6355 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6355 SPONSOR: ADDABBO TITLE OF BILL: An act to amend the tax law, in relation to opera- tional expenses of certain gaming facilities; and to amend part I of chapter 61 of the laws of 2017 amending the tax law relating to opera- tional expenses of certain gaming facilities, in relation to extending the provisions of such part PURPOSE OF THE BILL: To adjust the Vernon Downs vendor tax fee prior to expansion of gaming in New York State. SUMMARY OF PROVISIONS: Section 1: Subparagraph (i) of paragraph 1 of subdivision b of section 1612 of the tax law, as amended by section 1 of part I of chapter 61 of the laws of 2017, is amended to read as follows: (i) less ten percent of the total revenue wagered after payout for prizes to be retained by the division for operation, administration, and procurement purposes,
2019-S6355 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6355 2019-2020 Regular Sessions I N S E N A T E June 6, 2019 ___________ Introduced by Sen. ADDABBO -- 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 operational expenses of certain gaming facilities; and to amend part I of chapter 61 of the laws of 2017 amending the tax law relating to operational expenses of certain gaming facilities, in relation to extending the provisions of such part THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (i) of paragraph 1 of subdivision b of section 1612 of the tax law, as amended by section 1 of part I of chapter 61 of the laws of 2017, is amended to read as follows: (i) less ten percent of the total revenue wagered after payout for prizes to be retained by the division for operation, administration, and procurement purposes, provided, however, a vendor track located within Oneida county, within fifteen miles of a Native American class III gaming facility, that has maintained at least ninety percent of full- time equivalent employees as they employed in the year two thousand sixteen, may withhold up to seventy-five percent of such funds for oper- ational expenses [upon a determination by the gaming commission that such funds are necessary to sustain operation of such vendor track], AND PROVIDED FURTHER, HOWEVER, THAT THE MAXIMUM VENDOR FEE FOR SUCH VENDOR TRACK SHALL NOT EXCEED THE VENDOR FEE THAT SUCH VENDOR TRACK RECEIVED DURING STATE FISCAL YEAR TWO THOUSAND FOURTEEN--TWO THOUSAND FIFTEEN AS SUCH FEE IS ADJUSTED FOR HORSEMEN'S SHARE, MARKETING EXPENSES, CAPITAL AWARDS AND ADMINISTRATIVE FEES; § 2. Section 3 of part I of chapter 61 of the laws of 2017 amending the tax law relating to operational expenses of certain gaming facili- ties, is amended to read as follows: § 3. This act shall take effect immediately and shall expire and be deemed repealed [two years after such date] MARCH 31, 2021. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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