Bill Text: NY A08400 | 2019-2020 | General Assembly | Introduced

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Bill Title: Requires certain gaming facility licensees to make racing support payments to licensed racetracks in their region and the NYS horse breeding development fund and NYS thoroughbred breeding and development fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to racing and wagering [A08400 Detail]

Download: New_York-2019-A08400-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8400

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      June 15, 2019
                                       ___________

        Introduced  by M. of A. STECK -- read once and referred to the Committee
          on Racing and Wagering

        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
          relation to racing support payments

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

     1    Section 1. Subdivision 2 of section 1355 of  the  racing,  pari-mutuel
     2  wagering  and breeding law, as added by chapter 174 of the laws of 2013,
     3  is amended to read as follows:
     4    2. If an applicant that does not possess either a pari-mutuel wagering
     5  license or franchise awarded pursuant to article two or  three  of  this
     6  chapter  is  issued  a gaming facility license pursuant to this article,
     7  the licensee shall pay fifty percent of:
     8    (a) an amount to horsemen for purses at the licensed racetracks in the
     9  region that will assure the purse  support  from  video  lottery  gaming
    10  facilities  in the region to the licensed racetracks in the region to be
    11  maintained at the same dollar levels realized in [two thousand  thirteen
    12  to  be  adjusted by the consumer price index for all urban consumers, as
    13  published annually by the United States department of  labor  bureau  of
    14  labor statistics] two thousand nineteen; and
    15    (b)  amounts  to  the  agricultural  and New York state horse breeding
    16  development fund and the New York state thoroughbred breeding and devel-
    17  opment fund to maintain payments from video lottery gaming facilities in
    18  the region to such funds to be maintained  at  the  same  dollar  levels
    19  realized  in [two thousand thirteen to be adjusted by the consumer price
    20  index for all urban consumers,  as  published  annually  by  the  United
    21  States  department  of  labor  bureau  of labor statistics] two thousand
    22  nineteen.
    23    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13391-01-9