Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 04, 2022 |
referred to racing, gaming and wagering |
Senate Bill S9017
2021-2022 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
2021-S9017 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10023
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Racing, Pari-Mutuel Wagering and Breeding Law
- Laws Affected:
- Amd §332, RWB L
- Versions Introduced in 2023-2024 Legislative Session:
-
S1956, A3565
2021-S9017 (ACTIVE) - Summary
Mandates a fixed percentage of annual harness horse breeders awards; requires that all sire stakes funds generated by a specific racetrack be returned as purses to such track at the same level in order to allow New York to compete with states that have stronger awards programs.
2021-S9017 (ACTIVE) - Sponsor Memo
BILL NUMBER: S9017 SPONSOR: ADDABBO TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to mandating a fixed percentage of annual harness horse breed- ers awards and requiring that all sire stakes funds generated by a specific racetrack be returned as purses to such track at the same level PURPOSE OR GENERAL IDEA OF THE BILL: This bill would address the ongoing reduction in mares and stallions facing the NYS harness horse breeding industry by fixing the percentage of breeders awards distributed each year at 201 of the funds in the NYS Ag Fund assigned for "New York State breeding farms." Current law allows annual total award amounts to fluctuate anywhere between 10n and 20'_ based on the discretion of the Fund, and fixing the amount at 201 will create a robust awards program and attract mares and stallions by offer- ing stability and predictability in the breeders award process. Addi- tionally, of the remaining 803 returned to tracks from the Fund for purses, all Sire Stakes purse payments shall be returned to the tracks at the same level as they were generated by racing at that track. Howev-
2021-S9017 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9017 I N S E N A T E May 4, 2022 ___________ Introduced by Sen. ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to mandating a fixed percentage of annual harness horse breeders awards and requiring that all sire stakes funds generated by a specific racetrack be returned as purses to such track at the same level THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph and paragraph f of subdivision 1 of section 332 of the racing, pari-mutuel wagering and breeding law, the opening paragraph as amended by chapter 429 of the laws of 2008 and paragraph f as amended by chapter 56 of the laws of 1991, are amended to read as follows: To collect and receive in each calendar year amounts to be paid to the fund by the persons or corporations licensed to conduct pari-mutuel betting at harness racing tracks, an amount equal to three-fifths of one per centum of all moneys deposited in pari-mutuel betting pools result- ing from on-track bets at all races conducted by licensees at a harness horse meeting or races run thereat except that for super exotic betting pools such amount shall be three per centum of such bets, as provided by paragraph c of subdivision one of section three hundred eighteen of this article and to collect and receive in each calendar year to be paid to the fund by each regional corporation, an amount equal to three-fifths of one per centum of daily pools derived from off-track bets on harness races except that for super exotic betting pools such amount shall be three per centum of such bets as provided by subdivision five of section five hundred twenty-seven of this chapter; provided however, that after April first, nineteen hundred eighty-six, the amount to be collected and received from such licensees and regional corporations, except for super exotic betting pools, shall be one per centum, and to collect and receive such funds as may otherwise be authorized by law. The moneys shall be deposited forthwith in a bank or banks in this state. The fund EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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