Bill Text: NY A01597 | 2023-2024 | General Assembly | Introduced

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Bill Title: Relates to compensation for directors of the regional off-track betting corporation; requires off-track betting corporations located within Genesee County to report on actual use and implementation of the approved marketing promotion plan from the previous year, which shall include the name and address of each person receiving any promotional item or thing of value in excess of fifty dollars.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - referred to racing and wagering [A01597 Detail]

Download: New_York-2023-A01597-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          1597

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    January 17, 2023
                                       ___________

        Introduced  by M. of A. WALLACE -- read once and referred to the Commit-
          tee on Racing and Wagering

        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law  and
          the tax law, in relation to compensation for directors of the regional
          off-track betting corporation

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Paragraphs d and e of subdivision 10 of section 502 of  the
     2  racing,  pari-mutuel  wagering and breeding law, as added by chapter 462
     3  of the laws of 2000, are amended to read as follows:
     4    d. In addition, the directors shall be reimbursed for their actual and
     5  necessary expenses incurred in the performance of their official  duties
     6  upon  presentation of a form, sworn under penalty of perjury, certifying
     7  that such expenses were actually incurred.
     8    e. No director shall be permitted to receive any compensation  in  any
     9  form whatsoever unless expressly provided for herein.
    10    f.  Any  expenses incurred by a director in excess of those authorized
    11  by paragraph d of this subdivision shall be the  responsibility  of  the
    12  appointing  political  subdivision,  payable  on  vouchers  certified or
    13  approved by the chief fiscal officer of such political subdivision as is
    14  provided by law. Directors shall swear under  penalty  of  perjury  that
    15  such  expenses  were  incurred prior to certification or approval by the
    16  appointing political subdivision.
    17    § 2. Section 1617-a of the tax law is amended by adding a new subdivi-
    18  sion l to read as follows:
    19    l. Subject to gaming commission rules and  regulations,  any  regional
    20  off-track betting corporation which is also a video lottery gaming agent
    21  for  a  facility located within Genesee county, shall submit a marketing
    22  and promotion plan for the video lottery gaming  facility.  Each  annual
    23  marketing  plan  shall  be  submitted  to  the commission for review and
    24  approval through resolution by the board. Thereafter, the  video  gaming

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01285-01-3
        A. 1597                             2

     1  agent  shall  submit a report to the commission detailing the accounting
     2  of the actual use and implementation of the approved marketing promotion
     3  plan from the previous year, which shall include the name and address of
     4  each  person  receiving any promotional item or thing of value in excess
     5  of fifty dollars. The failure to submit any marketing  plan  and  subse-
     6  quent  report thereafter to the commission when due shall be a violation
     7  of the video lottery gaming agent's license.
     8    § 3. This act shall take effect immediately.