Senate Bill S592

2021-2022 Legislative Session

Provides for the sharing of revenue from gaming devices located within the county of Madison

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Rules 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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2021-S592 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
State Finance Law
Laws Affected:
Amd §99-h, St Fin L
Versions Introduced in 2019-2020 Legislative Session:
S5625

2021-S592 (ACTIVE) - Summary

Provides for the sharing of revenue from gaming devices located within the county of Madison.

2021-S592 (ACTIVE) - Sponsor Memo

2021-S592 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    592
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 AN ACT to amend the state finance law, in relation  to  the  sharing  of
   revenue from gaming devices located within the county of Madison

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  Subdivision 3 of section 99-h of the state finance law, as
 amended by section 7 of chapter 174 of the laws of 2013, is  amended  to
 read as follows:
   3.  Moneys of the account, following the segregation of appropriations
 enacted by the legislature, shall be available  for  purposes  including
 but  not limited to: (a) reimbursements or payments to municipal govern-
 ments that host tribal casinos pursuant to a  tribal-state  compact  for
 costs  incurred  in connection with services provided to such casinos or
 arising as a result thereof, for economic development opportunities  and
 job expansion programs authorized by the executive law; provided, howev-
 er,  that  for  any  gaming facility located in the city of Buffalo, the
 city of Buffalo shall receive a minimum of twenty-five  percent  of  the
 negotiated percentage of the net drop from electronic gaming devices the
 state  receives  pursuant  to the compact, and provided further that for
 any gaming facility located in the city  of  Niagara  Falls,  county  of
 Niagara a minimum of twenty-five percent of the negotiated percentage of
 the  net drop from electronic gaming devices the state receives pursuant
 to the compact shall be distributed in accordance with subdivision  four
 of  this  section,  and  provided  further  that for any gaming facility
 located in the county or counties of Cattaraugus, Chautauqua or  Allega-
 ny,  the  municipal  governments of the state hosting the facility shall
 collectively receive a minimum of twenty-five percent of the  negotiated
 percentage  of  the  net  drop  from electronic gaming devices the state
 receives pursuant to the compact; and provided further that pursuant  to
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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