§ 1011. Certain credit to off-track betting corporations. a. During
the period that a franchised corporation is simulcasting from a facility
operated by such franchised corporation in the second zone as defined in
section two hundred forty-seven of this chapter to a facility operated
by such franchised corporation pursuant to section one thousand seven of
this article, any off-track betting corporation operating in a county in
which such association maintains a racetrack shall receive a credit of
twenty-five percent of the state taxes due pursuant to section five
hundred twenty-seven of this chapter on wagers placed on races conducted
by such association, provided that such corporation has entered into an
agreement with the employee organization representing the employees of
such corporation in which it has agreed not to reduce its workforce as a
result of such simulcasting.

b. During the days that a franchised corporation is simulcasting from
a racetrack facility operated by such franchised corporation and located
in the first zone to a racetrack facility operated by such franchised
corporation located wholly within a city of one million or more, one
percent of the total wagers placed at such receiving facility shall be
paid to such city.

c. During the days that a franchised corporation is simulcasting from
a facility located wholly within a city in the first zone to a racetrack
facility operated by such franchised corporation located partially
within a city with a population in excess of one million and partially
within a county, one-half percent of the total wagers placed at such
receiving facility shall be paid to such city and one-half percent of
such wagers shall be paid to such county.