Bill Text: NY S04237 | 2015-2016 | General Assembly | Amended
Bill Title: Relates to vendor fees at certain vendor tracks.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Vetoed) 2016-12-31 - VETOED MEMO.302 [S04237 Detail]
Download: New_York-2015-S04237-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 4237--A 2015-2016 Regular Sessions I N S E N A T E March 11, 2015 ___________ Introduced by Sens. GALLIVAN, VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wagering -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee 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 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09333-02-5