Bill Text: NY A10510 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to vendor fees at certain vendor tracks.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2016-06-16 - substituted by s4237a [A10510 Detail]
Download: New_York-2015-A10510-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 10510 IN ASSEMBLY May 31, 2016 ___________ Introduced by M. of A. PEOPLES-STOKES, HAWLEY -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to vendor fees at certain vendor tracks The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Clause (D) of subparagraph (ii) of paragraph 1 of subdivi- 2 sion b of section 1612 of the tax law, as amended by chapter 174 of the 3 laws of 2013, is amended to read as follows: 4 (D) notwithstanding clauses (A), (B) and (C) of this subparagraph, 5 when the vendor track is located within [fifteen] forty miles of a 6 Native American class III gaming facility at a rate of forty-one percent 7 of the total revenue wagered at the vendor track after payout for prizes 8 pursuant to this chapter; 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09333-03-5