Bill Text: NY S03793 | 2013-2014 | General Assembly | Introduced

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Bill Title: Reduces the minimum number of required racing days at franchised tracks from 95 to 75.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-01-08 - REFERRED TO RACING, GAMING AND WAGERING [S03793 Detail]

Download: New_York-2013-S03793-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3793
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                   February 15, 2013
                                      ___________
       Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
         printed to be committed to the Committee on Racing, Gaming and  Wager-
         ing
       AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
         relation to days of racing
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Paragraph  (d)  of  subdivision  1  of section 238 of the
    2  racing, pari-mutuel wagering and breeding law, as amended by chapter  18
    3  of the laws of 2008, is amended to read as follows:
    4    (d)  The  pari-mutuel  tax  rate  authorized  by paragraph (a) of this
    5  subdivision shall be effective so long as a franchised corporation noti-
    6  fies the racing and wagering board by August fifteenth of each year that
    7  such pari-mutuel tax rate is effective of its intent to conduct  a  race
    8  meeting  at  Aqueduct  racetrack during the months of December, January,
    9  February, March and April. [For] NOTWITHSTANDING ANY PROVISION OF LAW TO
   10  THE CONTRARY, AND FOR purposes of this paragraph such race meeting shall
   11  consist of not less than [ninety-five] SEVENTY-FIVE days of racing.  Not
   12  later than May first of each year that  such  pari-mutuel  tax  rate  is
   13  effective,  the racing and wagering board shall determine whether a race
   14  meeting at Aqueduct  racetrack  consisted  of  the  number  of  days  as
   15  required  by  this  paragraph.  In  determining the number of race days,
   16  cancellation of a race day because of an act of God,  which  the  racing
   17  and  wagering  board  approves or because of weather conditions that are
   18  unsafe or hazardous which the racing and wagering board  approves  shall
   19  not  be  construed  as  a  failure  to conduct a race day. Additionally,
   20  cancellation of a race day because of circumstances beyond  the  control
   21  of  such  franchised corporation for which the racing and wagering board
   22  gives approval shall not be construed as a failure  to  conduct  a  race
   23  day. If the racing and wagering board determines that the number of days
   24  of racing as required by this paragraph have not occurred then the pari-
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD08533-01-3
       S. 3793                             2
    1  mutuel tax rate in paragraph (a) of this subdivision shall revert to the
    2  pari-mutuel tax rates in effect prior to January first, nineteen hundred
    3  ninety-five.  Such  franchised  corporation  shall pay to the racing and
    4  wagering  board  as  a regulatory fee, which fee is hereby levied, fifty
    5  hundredths of one per centum of the  total  daily  on-track  pari-mutuel
    6  pools of such franchised corporation.
    7    S 2. This act shall take effect February 1, 2013.