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
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