Bill Text: NY S06647 | 2017-2018 | General Assembly | Amended

---

Bill Title: Provides that the gaming commission may, at its discretion, authorize an increase to the limitation for individual video lottery facilities upon illustration of benefit to the state.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Engrossed - Dead) 2018-06-20 - referred to ways and means [S06647 Detail]

Download: New_York-2017-S06647-Amended.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                         6647--B
                               2017-2018 Regular Sessions
                    IN SENATE
                                      June 9, 2017
                                       ___________
        Introduced  by  Sens.  HELMING,  GALLIVAN,  MARCHIONE  -- read twice and
          ordered printed, and when printed to be committed to the Committee  on
          Rules  --  recommitted to the Committee on Racing, Gaming and Wagering
          in accordance with Senate Rule 6, sec. 8 --  reported  favorably  from
          said  committee and committed to the Committee on Finance -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee  --  committee  discharged,  bill  amended,  ordered
          reprinted as amended and recommitted to said committee
        AN  ACT to amend the tax law, in relation to the percentage of free play
          allowance credits
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Paragraph 3 of subdivision i of section 1617-a of the tax
     2  law, as amended by section 1 of part SS of chapter 60  of  the  laws  of
     3  2016, is amended to read as follows:
     4    (3) For each video lottery facility, the annual value of the free play
     5  allowance  credits  authorized  for use by the operator pursuant to this
     6  subdivision shall not exceed an amount equal to fifteen percent  of  the
     7  total  amount wagered on video lottery games after payout of prizes. The
     8  gaming commission shall establish procedures to assure  that  free  play
     9  allowance  credits  do  not exceed such amount.  However, the commission
    10  may, at the commission's discretion, authorize an increase to the  above
    11  limitation for individual video lottery facilities, upon illustration of
    12  benefit to the state.
    13    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13147-04-8