Bill Text: NY S06667 | 2017-2018 | General Assembly | Introduced

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Bill Title: Prohibits regional off-track betting corporations from making payments to tracks.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO RACING, GAMING AND WAGERING [S06667 Detail]

Download: New_York-2017-S06667-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          6667
                               2017-2018 Regular Sessions
                    IN SENATE
                                      June 12, 2017
                                       ___________
        Introduced  by  Sen. AMEDORE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
          relation  to  maintenance  of effort by off-track betting corporations
          accepting wagers on out-of-state or out-of-country races
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph a of subdivision 2 of section 1017 of the racing,
     2  pari-mutuel  wagering and breeding law, as amended by chapter 174 of the
     3  laws of 2013, is amended to read as follows:
     4    a. Maintenance of effort.  Any  off-track  betting  corporation  which
     5  engages in accepting wagers on the simulcasts of thoroughbred races from
     6  out-of-state  or  out-of-country  as  permitted under subdivision one of
     7  this section shall submit to the commission, for its approval, a  sched-
     8  ule  of  payments  to  be made in any year or portion thereof, that such
     9  off-track corporation engages in nighttime thoroughbred simulcasting. In
    10  order to be approved by the commission,  prior  to  January  first,  two
    11  thousand eighteen, the payment schedule shall be identical to the actual
    12  payments and distributions of such payments to tracks and purses made by
    13  such  off-track  corporation  pursuant  to the provisions of section one
    14  thousand fifteen of this article during the year two  thousand  two,  as
    15  derived from out-of-state harness races displayed after 6:00 P.M. On and
    16  after January first, two thousand eighteen no such payments and distrib-
    17  utions  of  payments shall be made to tracks from any regional off-track
    18  betting corporation in which a  track  is  wholly  contained;  provided,
    19  further,  that  on  and after January first, two thousand twenty no such
    20  payments and distributions shall be made to tracks  from  any  off-track
    21  betting  corporation.    If  approved  by the commission, such scheduled
    22  payments shall be made  from  revenues  derived  from  any  simulcasting
    23  conducted  pursuant  to this section and section one thousand fifteen of
    24  this article.
    25    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13132-01-7